MacroeconomicsAddison-Wesley Publishing Company, 1994 - 598 หน้า |
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หน้า 36
... tion are being hampered by falling aca- demic standards .... The average composite score on the SAT , the most ... tion and of large increases in expenditure on educa- tion . Many people read these facts as a sign of " falling academic ...
... tion are being hampered by falling aca- demic standards .... The average composite score on the SAT , the most ... tion and of large increases in expenditure on educa- tion . Many people read these facts as a sign of " falling academic ...
หน้า 200
... tion function . It tells us that , on the average , con- sumption expenditure has been 90 percent of dispos- able income . The slope of this consumption func- tion - which is also the marginal propensity to con- sume is 0.9 . The ...
... tion function . It tells us that , on the average , con- sumption expenditure has been 90 percent of dispos- able income . The slope of this consumption func- tion - which is also the marginal propensity to con- sume is 0.9 . The ...
หน้า 362
... tion and technological change lead to productivity growth that causes the short - run aggregate produc- tion function to shift upward over time . Occasion- ally , the production function shifts downward because of negative influences ...
... tion and technological change lead to productivity growth that causes the short - run aggregate produc- tion function to shift upward over time . Occasion- ally , the production function shifts downward because of negative influences ...
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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