MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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Michael Parkin. 1 1 CHAPTER 5 INFLATION , UNEMPLOYMENT , CYCLES , AND DEFICITS OPEC recession 1910 1920 1930 1940 1950 1960 1970 1980. T The Business Cycle he business cycle is the periodic but irregular up and down movement in economic ...
Michael Parkin. 1 1 CHAPTER 5 INFLATION , UNEMPLOYMENT , CYCLES , AND DEFICITS OPEC recession 1910 1920 1930 1940 1950 1960 1970 1980. T The Business Cycle he business cycle is the periodic but irregular up and down movement in economic ...
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... CYCLES , AND DEFICITS. THE BUSINESS CYCLE successive quarters . A deep trough is called a slump or a depression . Unemployment and the Business Cycle Real GDP is not the only variable that fluctuates over the course of the business cycle ...
... CYCLES , AND DEFICITS. THE BUSINESS CYCLE successive quarters . A deep trough is called a slump or a depression . Unemployment and the Business Cycle Real GDP is not the only variable that fluctuates over the course of the business cycle ...
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Michael Parkin. CHAPTER 5 INFLATION , UNEMPLOYMENT , CYCLES , AND DEFICITS M CHAPTER 5 INFLATION , UNEMPLOYMENT , CYCLES , AND. real GDP recovery . Thus through this business cycle episode , the inflation rate and the business cycle were ...
Michael Parkin. CHAPTER 5 INFLATION , UNEMPLOYMENT , CYCLES , AND DEFICITS M CHAPTER 5 INFLATION , UNEMPLOYMENT , CYCLES , AND. real GDP recovery . Thus through this business cycle episode , the inflation rate and the business cycle were ...
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$1 trillion aggre aggregate demand curve aggregate expenditure aggregate planned expenditure aggregate supply curve amount autonomous expenditure banks billion hours business cycle capital CHAPTER consume consumption expenditure curve for real decrease deficit deposits dollars economists equal equilibrium expenditure example exports factors factors of production fall Federal Reserve Figure firms fiscal policy fluctuations forecast GDP deflator government purchases graph growth higher households labor curve labor force labor market long-run aggregate supply macroeconomic ment million tapes monetary policy money multiplier money supply money wage rate multiplier natural rate OPEC open market operation opportunity cost output Phillips curve price level production possibility frontier quantity demanded quantity of labor quantity of money quantity of real quantity supplied rational expectations Real GDP trillions real wage rate recession relationship rises short-run aggregate supply slope tapes a week taxes tion trillions of 1987 U.S. economy unem unemployment rate