Macroeconomics

aggregate demand aggregate demand curve aggregate expenditure aggregate supply curve amount autonomous expenditure average banks billion calculate capital CHAPTER cloth constant consume corn cost cycle decrease deficit demand curve deposits determined dollars economy effects equal equilibrium example exchange expected Explain exports factors fall Federal Figure firms fluctuations force function future GDP deflator graph growth higher holding households important income increase inflation rate influence interest interest rate investment labor less loans long-run look lower measured ment monetary money supply multiplier occurs opportunity cost output payments percent planned expenditure possible price level production profit quantity quantity of money real GDP real money recession relationship reserves result rises saving shifts short-run aggregate supply shown shows slope spending tapes theory things tion trade trillion unemployment United wage rate