MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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˹éÒ 301
Michael Parkin. INTEREST RATE DETERMINATION Seeking to avoid a serious upturn in inflation , the Fed slowed money growth and , just as Paul Volcker had done eight years earlier , forced interest rates sharply upward . Open market ...
Michael Parkin. INTEREST RATE DETERMINATION Seeking to avoid a serious upturn in inflation , the Fed slowed money growth and , just as Paul Volcker had done eight years earlier , forced interest rates sharply upward . Open market ...
˹éÒ 329
... interest rate , investment decreases . A decrease in investment decreases autonomous expenditure and decreases ... interest rates , and a decrease in invest- ment . The effect of higher interest rates on investment— the crowding out ...
... interest rate , investment decreases . A decrease in investment decreases autonomous expenditure and decreases ... interest rates , and a decrease in invest- ment . The effect of higher interest rates on investment— the crowding out ...
˹éÒ 384
... rate is 15 percent a year and prices are rising by 10 percent a year , the real interest rate is only 5 percent a year . If you made a loan of $ 100 on January 1 , 1994 , it's true ... Interest Rates Inflation and Interest Rates in the U S.
... rate is 15 percent a year and prices are rising by 10 percent a year , the real interest rate is only 5 percent a year . If you made a loan of $ 100 on January 1 , 1994 , it's true ... Interest Rates Inflation and Interest Rates in the U S.
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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