Macroeconomics: Canada in the Global EnvironmentAddison-Wesley, 1994 - 1088 หน้า |
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หน้า 732
... income than when income changes temporarily . For this reason , the marginal propensity to consume varies and does ... effect of a change in current income on consumption expendi- ture depends on whether the change is expected to be ...
... income than when income changes temporarily . For this reason , the marginal propensity to consume varies and does ... effect of a change in current income on consumption expendi- ture depends on whether the change is expected to be ...
หน้า 856
... Income Growth The short - run aggregate production function tells us how real GDP varies as the aggregate quantity ... effect ) and encourages the taking of more leisure ( the income effect ) . The substitution effect dominates the ...
... Income Growth The short - run aggregate production function tells us how real GDP varies as the aggregate quantity ... effect ) and encourages the taking of more leisure ( the income effect ) . The substitution effect dominates the ...
หน้า 1000
... influence disposable income and the interest rate . These changes , in turn , influence private sector saving and investment and hence change the private sector sur- plus . An increase in government purchases of goods and services or a ...
... influence disposable income and the interest rate . These changes , in turn , influence private sector saving and investment and hence change the private sector sur- plus . An increase in government purchases of goods and services or a ...
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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