Macroeconomics: Canada in the Global Environment |
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Chapter 2 Making and Using Graphs The Slope of a Relationship he slope of a
relationship is the change in the value of the variable measured on the y-axis
divided by the change in the value of the variable measured on the x-axis. We
use ...
Chapter 2 Making and Using Graphs The Slope of a Relationship he slope of a
relationship is the change in the value of the variable measured on the y-axis
divided by the change in the value of the variable measured on the x-axis. We
use ...
˹éÒ 43
The Slope of a Relationship In part (b), when x increases from 2 to 6, y decreases
from 6 to 3. ... The slope of the curve is Ay_ = -3 Ax 4 Notice that the two slopes
have the same magnitude (3/4), but the slope of the line in part (a) is positive ...
The Slope of a Relationship In part (b), when x increases from 2 to 6, y decreases
from 6 to 3. ... The slope of the curve is Ay_ = -3 Ax 4 Notice that the two slopes
have the same magnitude (3/4), but the slope of the line in part (a) is positive ...
˹éÒ 44
Suppose you want to calculate the slope of the curve at the point marked a. Place
a ruler on the graph so that it touches point a and no other point on the curve;
then draw a straight line along the edge of the ruler. The straight red line in part (
a) ...
Suppose you want to calculate the slope of the curve at the point marked a. Place
a ruler on the graph so that it touches point a and no other point on the curve;
then draw a straight line along the edge of the ruler. The straight red line in part (
a) ...
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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