MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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... economies . In a command economy , a central planning bureau makes decisions about what , how , and for whom goods and services are to be produced . We will study command economies and compare them with other types of economies at the ...
... economies . In a command economy , a central planning bureau makes decisions about what , how , and for whom goods and services are to be produced . We will study command economies and compare them with other types of economies at the ...
˹éÒ 452
... economy . The government passes tax laws defining tax rates , not dollars to be paid in taxes . As a consequence , the tax revenue that the government collects depends on the level of income : if the economy is in a recovery phase of ...
... economy . The government passes tax laws defining tax rates , not dollars to be paid in taxes . As a consequence , the tax revenue that the government collects depends on the level of income : if the economy is in a recovery phase of ...
˹éÒ 576
... economy caused this deteriora- tion in economic performance : the economy made a transition from being an investment economy to being a consumption economy ; the economy was hit by serious external shocks ; and its taut and inflexi- ble ...
... economy caused this deteriora- tion in economic performance : the economy made a transition from being an investment economy to being a consumption economy ; the economy was hit by serious external shocks ; and its taut and inflexi- ble ...
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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