MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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˹éÒ 259
... loans are not repaid . Many more loans that are eventu- ally repaid are costly to col- lect . Fraud also imposes large costs on card issuers . The cost of supplying credit - card loans ( including the normal rate of economic profit ) is ...
... loans are not repaid . Many more loans that are eventu- ally repaid are costly to col- lect . Fraud also imposes large costs on card issuers . The cost of supplying credit - card loans ( including the normal rate of economic profit ) is ...
˹éÒ 461
... loans with no corresponding increase in the supply of loans . Figure 17.7 shows what happens in this case . Part ( a ) shows the demand and supply curves for loans . Initially , the demand for loans is D , and the supply of loans is So ...
... loans with no corresponding increase in the supply of loans . Figure 17.7 shows what happens in this case . Part ( a ) shows the demand and supply curves for loans . Initially , the demand for loans is D , and the supply of loans is So ...
˹éÒ 462
... loans is Do , and the supply of loans is So. The real interest rate is 3 percent , and the quanti- ty of loans made is $ 1 trillion . The government runs 1 1.3 Loans ( trillions of 1987 dollars ) Initially , the demand for loans is Do ...
... loans is Do , and the supply of loans is So. The real interest rate is 3 percent , and the quanti- ty of loans made is $ 1 trillion . The government runs 1 1.3 Loans ( trillions of 1987 dollars ) Initially , the demand for loans is Do ...
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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