MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 หน้า |
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หน้า 230
... payments . Let's see how this type of policy works . Transfer Payments Multiplier The transfer payments multiplier is the amount by which a change in transfer payments is multiplied to determine the change in equilibrium expenditure ...
... payments . Let's see how this type of policy works . Transfer Payments Multiplier The transfer payments multiplier is the amount by which a change in transfer payments is multiplied to determine the change in equilibrium expenditure ...
หน้า 232
... payments multiplier is equal to the marginal propensity to consume multi- plied by the government purchases multiplier . A change in transfer payments works through a change in disposable income . Part of the change in disposable income ...
... payments multiplier is equal to the marginal propensity to consume multi- plied by the government purchases multiplier . A change in transfer payments works through a change in disposable income . Part of the change in disposable income ...
หน้า 503
... Payments 200 150 100 50 -50 -100 -1500 -200 € 1975 Year FINANCING INTERNATIONAL TRADE Capital account Official settlements account Current account 1980 1985 1990 During the 1970s , fluctuations in the balance of payments were small . In ...
... Payments 200 150 100 50 -50 -100 -1500 -200 € 1975 Year FINANCING INTERNATIONAL TRADE Capital account Official settlements account Current account 1980 1985 1990 During the 1970s , fluctuations in the balance of payments were small . In ...
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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