Macroeconomics: Canada in the Global EnvironmentAddison-Wesley, 1994 - 1088 ˹éÒ |
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˹éÒ 841
... labour force participa- tion rate . A higher current real wage relative to the expected future real wage encourages ... quantity of labour supplied increases - why the supply of labour curve slopes upward . Let's next bring the two sides ...
... labour force participa- tion rate . A higher current real wage relative to the expected future real wage encourages ... quantity of labour supplied increases - why the supply of labour curve slopes upward . Let's next bring the two sides ...
˹éÒ 842
... Labour ( billions of hours per year ) Equilibrium occurs when the real wage rate makes the quantity of labour demanded equal to the quantity supplied . This equilibrium occurs at a real wage rate of $ 15 an hour . At that real wage rate ...
... Labour ( billions of hours per year ) Equilibrium occurs when the real wage rate makes the quantity of labour demanded equal to the quantity supplied . This equilibrium occurs at a real wage rate of $ 15 an hour . At that real wage rate ...
˹éÒ 852
... labour force as unemployed people give up the search for a job . These people are discouraged workers whose job ... quantity of labour demanded and the quantity of labour supplied . But the quantity of labour supplied is the number of ...
... labour force as unemployed people give up the search for a job . These people are discouraged workers whose job ... quantity of labour demanded and the quantity of labour supplied . But the quantity of labour supplied is the number of ...
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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