Macroeconomics: Canada in the Global EnvironmentAddison-Wesley, 1994 - 1088 หน้า |
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หน้า 783
... growth and inflation . They are 1. On the average , the quantity of money grows at a rate that exceeds the inflation rate . 2. Variations in the growth rate of the quantity of money are correlated with variations in the inflation rate ...
... growth and inflation . They are 1. On the average , the quantity of money grows at a rate that exceeds the inflation rate . 2. Variations in the growth rate of the quantity of money are correlated with variations in the inflation rate ...
หน้า 786
... growth during the Korean War of the early 1950s . 4. Relative Volatility of Money Growth and Inflation The quantity theory predicts a closer correlation between money growth and inflation than that visible in the data . In particular ...
... growth during the Korean War of the early 1950s . 4. Relative Volatility of Money Growth and Inflation The quantity theory predicts a closer correlation between money growth and inflation than that visible in the data . In particular ...
หน้า 1028
... Growth Rates and Income Levels FIGURE 37.2 Growth Rates and Income Levels P oor countries can and do grow into rich countries . Poor coun- tries become rich countries by achieving high growth rates of real per capita income over pro ...
... Growth Rates and Income Levels FIGURE 37.2 Growth Rates and Income Levels P oor countries can and do grow into rich countries . Poor coun- tries become rich countries by achieving high growth rates of real per capita income over pro ...
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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