MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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˹éÒ 301
... money supply . As a consequence , during the year from May 1988 to May 1989 the M1 measure of the money supply was virtually constant and the M2 measure grew by only 2.4 percent , both down from growth rates of around 5 percent a year ...
... money supply . As a consequence , during the year from May 1988 to May 1989 the M1 measure of the money supply was virtually constant and the M2 measure grew by only 2.4 percent , both down from growth rates of around 5 percent a year ...
˹éÒ 322
... MONETARY POLICY CHAPTER 12. supply . The effectiveness of monetary policy depends on the same two factors as the effectiveness of fiscal policy : ◇ The sensitivity of investment to the interest rate ◇ The sensitivity of the quantity of ...
... MONETARY POLICY CHAPTER 12. supply . The effectiveness of monetary policy depends on the same two factors as the effectiveness of fiscal policy : ◇ The sensitivity of investment to the interest rate ◇ The sensitivity of the quantity of ...
˹éÒ 401
... money supply was sufficient to increase the quantity of real money supplied in 1982 , shifting the supply curve to MS82 Money market equilibrium in 1982 occurred at an interest rate of slightly below 12 percent a year . 1990-1991 ...
... money supply was sufficient to increase the quantity of real money supplied in 1982 , shifting the supply curve to MS82 Money market equilibrium in 1982 occurred at an interest rate of slightly below 12 percent a year . 1990-1991 ...
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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