The National Economic Environment |
Contents
Introduction to Macroeconomic Models | 19 |
Macroeconomic System Behavior | 36 |
Problems | 43 |
Copyright | |
37 other sections not shown
Common terms and phrases
adjustment aggregate demand aggregate supply curve assets assumed balance Billdar at 1958 billion borrowing capital funds causal commercial banks components constant consumer consumption function costs decline deficit demand curve demand deposits demand for money demand sectors desired dollars economic employment endogenous variables equal equation equilibrium excess reserves exogenous expenditures exports Federal Reserve Federal Reserve System fiscal policy flow forecast foreign foreign exchange markets full-employment level full-employment output Government Sector increase inflation inflationary inputs interest rates inventories investment labor force LM line macroeconomic man-hour markets ment monetarist monetary authority monetary policy money stock money supply national income nonbank public panel payments percent change period Personal Sector postwar price index price level price rises production function Production Units rate of return ratio real GNP relation saving shift SINJ spending Table transactions U.S. dollar wage rates wealth