Macroeconomics: Canada in the Global Environment |
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Table 3.1 Jane's Production Possibilities Hours Corn Cloth worked grown
produced (per (kilograms (metres day) per ... We have defined the production
possibility frontier as the boundary between what is attainable and what is not
attainable.
Table 3.1 Jane's Production Possibilities Hours Corn Cloth worked grown
produced (per (kilograms (metres day) per ... We have defined the production
possibility frontier as the boundary between what is attainable and what is not
attainable.
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The Production Possibility Frontier Figure 3.1 Jane's Production Possibility
Frontier Possibility Unattainabl 6 7 8 9 Cloth (metres per month) Corn (kilograms
per month) Cloth (metres per month) 20 18 15 11 6 0 and and and and and and ...
The Production Possibility Frontier Figure 3.1 Jane's Production Possibility
Frontier Possibility Unattainabl 6 7 8 9 Cloth (metres per month) Corn (kilograms
per month) Cloth (metres per month) 20 18 15 11 6 0 and and and and and and ...
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The curve abode is Jane's production possibility frontier for capital goods (tools
and fences) and consumption goods Corn and cloth Capital production (units per
(percentage Possibility month) of maximum) a 4 0 b 3 40 c 2 70 d 1 90 e 0 100 ...
The curve abode is Jane's production possibility frontier for capital goods (tools
and fences) and consumption goods Corn and cloth Capital production (units per
(percentage Possibility month) of maximum) a 4 0 b 3 40 c 2 70 d 1 90 e 0 100 ...
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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