MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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˹éÒ 164
... Future Incomes An increase in expected future income , other things being equal , increases the amount that households plan to spend on con- sumption goods and consumer durables . When households expect slow future income growth , or ...
... Future Incomes An increase in expected future income , other things being equal , increases the amount that households plan to spend on con- sumption goods and consumer durables . When households expect slow future income growth , or ...
˹éÒ 460
... future gen- erations ? We've already examined one burden that the deficit might place on future generations - the bur- den of inflation . But when people talk about the deficit as a burden on future generations , they usual- ly mean ...
... future gen- erations ? We've already examined one burden that the deficit might place on future generations - the bur- den of inflation . But when people talk about the deficit as a burden on future generations , they usual- ly mean ...
˹éÒ 467
... future ( and perhaps the distant future ) increase in money creation to finance the deficit . ( pp . 457-459 ) A Burden on Future Generations ? Whether the deficit is a burden on future generations is a controversial issue . Some ...
... future ( and perhaps the distant future ) increase in money creation to finance the deficit . ( pp . 457-459 ) A Burden on Future Generations ? Whether the deficit is a burden on future generations is a controversial issue . Some ...
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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