MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 หน้า |
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... Theories Are Developed MODEL Make assumptions Deduce implications Model , Theory , and Reality People who build models often get carried away and start talking as if their model is the real world - as if their model is reality . No ...
... Theories Are Developed MODEL Make assumptions Deduce implications Model , Theory , and Reality People who build models often get carried away and start talking as if their model is the real world - as if their model is reality . No ...
หน้า 270
... theory of money . The Quantity Theory of Money The quantity theory of money is the proposition that an increase in the quantity of money leads to an equal percentage increase in the price level . The original basis of the quantity theory ...
... theory of money . The Quantity Theory of Money The quantity theory of money is the proposition that an increase in the quantity of money leads to an equal percentage increase in the price level . The original basis of the quantity theory ...
หน้า 271
... theory asserts does not occur . Which theory of the relationship between the quantity of money and the price level is correct ? Is the relationship as precise as implied by the quantity theory , or is it a looser relationship as implied ...
... theory asserts does not occur . Which theory of the relationship between the quantity of money and the price level is correct ? Is the relationship as precise as implied by the quantity theory , or is it a looser relationship as implied ...
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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