MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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... graph - the time - series graph . Time - Series Graphs A time - series graph measures time ( for example , years or months ) on the x - axis and the variable or vari- ables in which we are interested on the y - axis . Figure 2.5 ...
... graph - the time - series graph . Time - Series Graphs A time - series graph measures time ( for example , years or months ) on the x - axis and the variable or vari- ables in which we are interested on the y - axis . Figure 2.5 ...
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... graph to reveal its information . But there are also times when omitting the origin is misleading . In parts ( a ) and ( b ) , you can see a graph of the unem- ployment rate between 1970 and 1990. Part ( a ) includes the origin , and ...
... graph to reveal its information . But there are also times when omitting the origin is misleading . In parts ( a ) and ( b ) , you can see a graph of the unem- ployment rate between 1970 and 1990. Part ( a ) includes the origin , and ...
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... graph in the same way that we used Fig . 2.5 to describe all the features of unemployment during that time period . But the graph in part ( b ) is less revealing and distorts the picture . It fails to reveal the level of unemployment ...
... graph in the same way that we used Fig . 2.5 to describe all the features of unemployment during that time period . But the graph in part ( b ) is less revealing and distorts the picture . It fails to reveal the level of unemployment ...
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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