MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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... growth - measured by M2 - and inflation . They are 1. On the average , the quantity of money grows at a rate that exceeds the inflation rate . 2. Variations in the growth rate of the quantity of money are correlated with variations in ...
... growth - measured by M2 - and inflation . They are 1. On the average , the quantity of money grows at a rate that exceeds the inflation rate . 2. Variations in the growth rate of the quantity of money are correlated with variations in ...
˹éÒ 535
... growth is taking place . As a result of economic growth and development , millions of peo- ple now enjoy living standards undreamt of by their parents ... GROWTH AND DEVELOPMENT FIGURE 20.2 Growth Rates and 535 Growth Rates and Income Levels.
... growth is taking place . As a result of economic growth and development , millions of peo- ple now enjoy living standards undreamt of by their parents ... GROWTH AND DEVELOPMENT FIGURE 20.2 Growth Rates and 535 Growth Rates and Income Levels.
˹éÒ 539
Michael Parkin. FIGURE 20.5 Investment Trends OBSTACLES TO ECONOMIC GROWTH Obstacles to Economic Growth Investment rate ... GROWTH AND DEVELOPMENT Some facts about the relationship. 539 Obstacles to Economic Growth Population Growth.
Michael Parkin. FIGURE 20.5 Investment Trends OBSTACLES TO ECONOMIC GROWTH Obstacles to Economic Growth Investment rate ... GROWTH AND DEVELOPMENT Some facts about the relationship. 539 Obstacles to Economic Growth Population Growth.
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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