MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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˹éÒ 162
... important effects on aggregate demand . The government's attempt to influence the economy using its spending and taxes is called fiscal policy . Government Purchases of Goods and Services The scale of government purchases of goods and ...
... important effects on aggregate demand . The government's attempt to influence the economy using its spending and taxes is called fiscal policy . Government Purchases of Goods and Services The scale of government purchases of goods and ...
˹éÒ 185
... important sources of eco- nomic fluctuations . What's your view of the new theory ? Real business cycle theorists worked out the often noticed but undeveloped cyclical implications of changes in aggregate supply . This is an important ...
... important sources of eco- nomic fluctuations . What's your view of the new theory ? Real business cycle theorists worked out the often noticed but undeveloped cyclical implications of changes in aggregate supply . This is an important ...
˹éÒ 263
... important changes in the composition of the nation's money . In 1960 , M1 consisted of only currency and demand deposits . In the 1980s , other checkable deposits expanded while demand deposits declined . Similar dramatic changes took ...
... important changes in the composition of the nation's money . In 1960 , M1 consisted of only currency and demand deposits . In the 1980s , other checkable deposits expanded while demand deposits declined . Similar dramatic changes took ...
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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