MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 หน้า |
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หน้า 338
... input , holding all other inputs and technology con- stant . We calculate the marginal product of labor as the change in real GDP divided by the change in the quantity of labor employed . Let's do such a calcula- tion , using Fig . 13.1 ...
... input , holding all other inputs and technology con- stant . We calculate the marginal product of labor as the change in real GDP divided by the change in the quantity of labor employed . Let's do such a calcula- tion , using Fig . 13.1 ...
หน้า 341
... input was 214 billion hours and real GDP was $ 4.9 trillion . The dots do not lie on one short - run aggregate pro ... input - diminishes as the labor input increases . The short - run production function usually shifts upward from year ...
... input was 214 billion hours and real GDP was $ 4.9 trillion . The dots do not lie on one short - run aggregate pro ... input - diminishes as the labor input increases . The short - run production function usually shifts upward from year ...
หน้า 364
... input in the short run ? Why does the marginal product of labor diminish ? 2 If the short - run production function shifts from 1992 to 1993 by the amount shown in Fig . 13.2 , what happens to the marginal product of labor between 1992 ...
... input in the short run ? Why does the marginal product of labor diminish ? 2 If the short - run production function shifts from 1992 to 1993 by the amount shown in Fig . 13.2 , what happens to the marginal product of labor between 1992 ...
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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