Macroeconomics: Canada in the Global EnvironmentAddison-Wesley, 1994 - 1088 ˹éÒ |
¨Ò¡´éÒ¹ã¹Ë¹Ñ§Ê×Í
¼Å¡Òäé¹ËÒ 1 - 3 ¨Ò¡ 16
˹éÒ 873
... PHILLIPS CURVE INFLATION OVER THE BUSINESS CYCLE : THE PHILLIPS CURVE READING. REVIEW Decisions to work and produce are based on forecasts of inflation , but the returns to firms and workers depend on actual inflation . Wrong infla- tion ...
... PHILLIPS CURVE INFLATION OVER THE BUSINESS CYCLE : THE PHILLIPS CURVE READING. REVIEW Decisions to work and produce are based on forecasts of inflation , but the returns to firms and workers depend on actual inflation . Wrong infla- tion ...
˹éÒ 874
... Phillips Curve Inflation rate ( percent per year ) 20 15 Expected inflation rate b 10 5 C Natural unemployment rate SRPC when the actual inflation rate equals the expected inflation rate . The long - run Phillips curve is vertical at ...
... Phillips Curve Inflation rate ( percent per year ) 20 15 Expected inflation rate b 10 5 C Natural unemployment rate SRPC when the actual inflation rate equals the expected inflation rate . The long - run Phillips curve is vertical at ...
˹éÒ 875
... CURVE READING BETWEEN THE LINES Inflation The Essence of the Story. To see why the short - run Phillips curve shifts when the expected inflation rate changes , let's do an experiment . The economy ... Phillips Curves in Canada Inflation 875.
... CURVE READING BETWEEN THE LINES Inflation The Essence of the Story. To see why the short - run Phillips curve shifts when the expected inflation rate changes , let's do an experiment . The economy ... Phillips Curves in Canada Inflation 875.
¤ÓáÅÐÇÅÕ·Õ辺ºèÍÂ
aggregate demand curve aggregate expenditure curve aggregate planned expenditure aggregate supply curve autonomous expenditure Bank of Canada billions of 1986 business cycle capital cars CHAPTER consumption expenditure consumption function decrease deficit demand and supply disposable income dollars economists effects equilibrium expenditure example expected exports factors of production falls Figure firms fiscal policy fluctuations GDP deflator government purchases graph gross domestic product growth households inflation rate investment demand curve Jane Jane's kilograms of corn labour force long-run aggregate supply macroeconomic marginal propensity ment metre of cloth million tapes monetary policy money supply multiplier opportunity cost output percent Phillips curve price level production possibility frontier quantity demanded quantity of labour quantity of money quantity of real quantity supplied Real GDP billions real interest rate real money real wage rate recession relationship rises short-run aggregate supply tapes a week taxes tion unem unemployment rate variables Walkman