MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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... Function OUR ADVANCING. C Consumption Expenditure and Saving onsumption expenditure is the value of the consumption goods and services bought by households . There are many factors that influence a ... Function and the Saving Function.
... Function OUR ADVANCING. C Consumption Expenditure and Saving onsumption expenditure is the value of the consumption goods and services bought by households . There are many factors that influence a ... Function and the Saving Function.
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... function C 20 d 30 e 40 f 50 2 1 2 3 12 -2 18 2 24 6 30 10 36 14 0 30 10 20 40 50 Disposable income ( thousands of dollars per year ) ( a ) Consumption function 20 610 Saving ( thousands of dollars per year ) Saving function e Saving d ...
... function C 20 d 30 e 40 f 50 2 1 2 3 12 -2 18 2 24 6 30 10 36 14 0 30 10 20 40 50 Disposable income ( thousands of dollars per year ) ( a ) Consumption function 20 610 Saving ( thousands of dollars per year ) Saving function e Saving d ...
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... function . You can see this equality by looking back at Fig . 8.3 . In that figure , the con- sumption function has a constant slope that can be measured as the change in consumption divided by the change in income . For example , when ...
... function . You can see this equality by looking back at Fig . 8.3 . In that figure , the con- sumption function has a constant slope that can be measured as the change in consumption divided by the change in income . For example , when ...
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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