MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 หน้า |
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หน้า 345
... hour ) a 5 ୪ C d e The Demand for Labor in a Soda Factory A soda factory employs 400 hours of labor . The additional output produced by the last hour hired is 11 bottles of soda . That is , the marginal product of labor is 11 bottles ...
... hour ) a 5 ୪ C d e The Demand for Labor in a Soda Factory A soda factory employs 400 hours of labor . The additional output produced by the last hour hired is 11 bottles of soda . That is , the marginal product of labor is 11 bottles ...
หน้า 347
... hours ) , the real wage rate would have been $ 18.02 per hour . If the quantity of labor employed in 1960 had been as high as that in 1992 ( 214 billion hours ) , the real wage rate in that year would have been only $ 7.80 per hour ...
... hours ) , the real wage rate would have been $ 18.02 per hour . If the quantity of labor employed in 1960 had been as high as that in 1992 ( 214 billion hours ) , the real wage rate in that year would have been only $ 7.80 per hour ...
หน้า 350
... hour and a quantity of labor employed of 150 billion hours . If the real wage rate is below its equilibrium level of $ 7 an hour , the quantity of labor demanded exceeds the quantity supplied . In such a situation , the real wage rate ...
... hour and a quantity of labor employed of 150 billion hours . If the real wage rate is below its equilibrium level of $ 7 an hour , the quantity of labor demanded exceeds the quantity supplied . In such a situation , the real wage rate ...
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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