MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 หน้า |
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หน้า 344
... wage rate . The real wage rate is the wage per hour expressed in constant dollars - for example , the wage per hour expressed in 1987 dollars . The wage rate expressed in current dollars is called the money wage rate . A real wage rate ...
... wage rate . The real wage rate is the wage per hour expressed in constant dollars - for example , the wage per hour expressed in 1987 dollars . The wage rate expressed in current dollars is called the money wage rate . A real wage rate ...
หน้า 345
... wage rate is 22 bottles of soda and the soda bottling . factory hires the amount of labor that makes the marginal product of labor equal to 22 bottles . A Change in the Money Wage Rate with a Constant 345 The Demand for Labor in a Soda ...
... wage rate is 22 bottles of soda and the soda bottling . factory hires the amount of labor that makes the marginal product of labor equal to 22 bottles . A Change in the Money Wage Rate with a Constant 345 The Demand for Labor in a Soda ...
หน้า 351
... money wage rate always adjusts to determine a real wage rate that brings equality between the quantity of labor demanded and quanti- ty supplied . That is , as the price level ... Wages Real wage rate 351 Aggregate Supply with Flexible Wages.
... money wage rate always adjusts to determine a real wage rate that brings equality between the quantity of labor demanded and quanti- ty supplied . That is , as the price level ... Wages Real wage rate 351 Aggregate Supply with Flexible Wages.
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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