MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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... 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 services has a direct effect on aggregate demand . If taxes are held ...
... 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 services has a direct effect on aggregate demand . If taxes are held ...
˹éÒ 307
... influence the economy ? In particular , how do they affect aggregate demand ? How do they affect other variables that influence aggregate demand , such as interest rates and the exchange rate ? Five city blocks from the White House is ...
... influence the economy ? In particular , how do they affect aggregate demand ? How do they affect other variables that influence aggregate demand , such as interest rates and the exchange rate ? Five city blocks from the White House is ...
˹éÒ 425
... influence interest rates , the value of the dollar in terms of foreign currencies , and the amount of money in the economy . These variables that the Fed can directly influence in turn affect the conditions on which the millions of ...
... influence interest rates , the value of the dollar in terms of foreign currencies , and the amount of money in the economy . These variables that the Fed can directly influence in turn affect the conditions on which the millions of ...
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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