MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 ˹éÒ |
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˹éÒ 38
... shows unem- ployment , and the blue line shows the government's budget . You will probably agree that it is pretty hard work figuring out from Fig . 2.8 ( a ) just what the relationship is between the unemployment rate and the ...
... shows unem- ployment , and the blue line shows the government's budget . You will probably agree that it is pretty hard work figuring out from Fig . 2.8 ( a ) just what the relationship is between the unemployment rate and the ...
˹éÒ 40
... shows the relationship between the cost per mile traveled and the length of a journey . The longer the journey , the lower is the cost per mile . But as the journey length increases , the cost per mile decreases at a decreasing rate ...
... shows the relationship between the cost per mile traveled and the length of a journey . The longer the journey , the lower is the cost per mile . But as the journey length increases , the cost per mile decreases at a decreasing rate ...
˹éÒ 45
... shows the relationship between temperature and consumption , holding price constant . One curve holds the price at 30c and the other at 15c . Part ( c ) shows the relationship between temperature and price , holding consumption constant ...
... shows the relationship between temperature and consumption , holding price constant . One curve holds the price at 30c and the other at 15c . Part ( c ) shows the relationship between temperature and price , holding consumption constant ...
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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