Macroeconomics: Canada in the Global Environment |
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But the most important is disposable income. Disposable income is the
aggregate income that households receive in exchange for supplying the
services of factors of production plus transfers from the government minus taxes.
A household ...
But the most important is disposable income. Disposable income is the
aggregate income that households receive in exchange for supplying the
services of factors of production plus transfers from the government minus taxes.
A household ...
˹éÒ 688
Chapter 25 Changes in factors other than disposable income that influence
consumption expenditure shift both the consumption function and the saving
function. For example, an increase in expected future income shifts the
consumption ...
Chapter 25 Changes in factors other than disposable income that influence
consumption expenditure shift both the consumption function and the saving
function. For example, an increase in expected future income shifts the
consumption ...
˹éÒ 689
Consumption Expenditure and Saving Table 25.1 (a) CALCULATING AVERAGE
PROPENSITIES TO CONSUME AND TO SAVE Disposable income (YD)
Consumption expenditure (C) (thousands of dollars per year) Saving (Si APC (C/
YDI ...
Consumption Expenditure and Saving Table 25.1 (a) CALCULATING AVERAGE
PROPENSITIES TO CONSUME AND TO SAVE Disposable income (YD)
Consumption expenditure (C) (thousands of dollars per year) Saving (Si APC (C/
YDI ...
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Introduction | 1 |
What Is Economics? | 5 |
Making and Using Graphs | 27 |
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aggre aggregate demand curve aggregate expenditure curve aggregate planned expenditure aggregate supply curve amount autonomous expenditure Bank of Canada billion hours billions of 1986 business cycle capital cars Chapter consumption expenditure consumption function curve for real decrease deficit deposits disposable income dollars equilibrium expenditure example expected exports factors factors of production falls Figure firms fiscal policy fluctuations GDP deflator government purchases graph growth households inflation rate investment demand curve long-run aggregate supply macroeconomic marginal propensity ment million tapes monetary policy money supply money wage rate multiplier open market operation 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 GDP increases real interest rate real wage rate recession relationship rises short-run aggregate supply slope tapes a week taxes tion trade transfer payments unemployment rate