Macroeconomics: Canada in the Global EnvironmentAddison-Wesley, 1994 - 1088 ˹éÒ |
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˹éÒ 722
... transfer payments and taxes for this purpose . Let's see how . F Fiscal Policy Multipliers iscal policy is the ... transfer payments , and taxes . If the government foresees a decline in investment or exports , it may attempt to offset ...
... transfer payments and taxes for this purpose . Let's see how . F Fiscal Policy Multipliers iscal policy is the ... transfer payments , and taxes . If the government foresees a decline in investment or exports , it may attempt to offset ...
˹éÒ 725
... transfer payments mean that they act like an economic shock absorber , making the aggregate effects of fluctuations in investment and exports smaller than they otherwise would be . The scale of income taxes minus transfer pay- ments is ...
... transfer payments mean that they act like an economic shock absorber , making the aggregate effects of fluctuations in investment and exports smaller than they otherwise would be . The scale of income taxes minus transfer pay- ments is ...
˹éÒ 733
... transfer payments multiplier is the amount by which a change in transfer payments is multiplied to determine the change in equilibrium expenditure that it generates . Because a change in transfer pay- ments influences aggregate ...
... transfer payments multiplier is the amount by which a change in transfer payments is multiplied to determine the change in equilibrium expenditure that it generates . Because a change in transfer pay- ments influences aggregate ...
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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