MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 หน้า |
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หน้า 129
... firms . Households : ♢ Receive incomes in exchange for the supply of factors of production to firms ◇ Make expenditures on consumption goods and services bought from firms Save some of their incomes Firms : Pay incomes to households ...
... firms . Households : ♢ Receive incomes in exchange for the supply of factors of production to firms ◇ Make expenditures on consumption goods and services bought from firms Save some of their incomes Firms : Pay incomes to households ...
หน้า 130
... Firms ' borrowing Households Firms Factor markets Transactions between households and firms in goods markets and fac- tor markets generate the circular flow of expenditure and income . Households receive factor incomes ( Y ) from firms ...
... Firms ' borrowing Households Firms Factor markets Transactions between households and firms in goods markets and fac- tor markets generate the circular flow of expenditure and income . Households receive factor incomes ( Y ) from firms ...
หน้า 131
... firms . There are two ways in which we can value that production . One is to value it on the basis of what buyers have paid . This amount is aggregate expenditure . The other is to value it on the basis of the cost of the factors of ...
... firms . There are two ways in which we can value that production . One is to value it on the basis of what buyers have paid . This amount is aggregate expenditure . The other is to value it on the basis of the cost of the factors of ...
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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