Macroeconomics: Canada in the Global EnvironmentAddison-Wesley, 1994 - 1088 ˹éÒ |
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˹éÒ 656
... macroeconomic time frames : the short run and the long run . Two Macroeconomic Time Frames The macroeconomic short - run is a period during which the prices of goods and services change in response to changes in demand and supply , but ...
... macroeconomic time frames : the short run and the long run . Two Macroeconomic Time Frames The macroeconomic short - run is a period during which the prices of goods and services change in response to changes in demand and supply , but ...
˹éÒ 662
... Macroeconomic Equilibrium Real GDP ( billions of. FIGURE 24.7 Macroeconomic Equilibrium 100 ) = Price level ( GDP deflator , 1986 160 150 e 140 130 120 110 500 d Shortage 550 Surplus d b 650 e ' SAS Macroeconomic equilibrium 700 AD 600 ...
... Macroeconomic Equilibrium Real GDP ( billions of. FIGURE 24.7 Macroeconomic Equilibrium 100 ) = Price level ( GDP deflator , 1986 160 150 e 140 130 120 110 500 d Shortage 550 Surplus d b 650 e ' SAS Macroeconomic equilibrium 700 AD 600 ...
˹éÒ 674
... Macroeconomic equilibrium , 661 Macroeconomic long - run , 656 Macroeconomic short - run , 656 Monetary policy , 653 Money , 651 Real money , 651 Real money balances effect , 651 Recessionary gap , 662 Short - run aggregate supply , 656 ...
... Macroeconomic equilibrium , 661 Macroeconomic long - run , 656 Macroeconomic short - run , 656 Monetary policy , 653 Money , 651 Real money , 651 Real money balances effect , 651 Recessionary gap , 662 Short - run aggregate supply , 656 ...
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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