The American Economy: Analysis and Policy |
Contents
Chapter | 1 |
The American Economy as a Whole | 13 |
Tables | 17 |
Copyright | |
39 other sections not shown
Common terms and phrases
additional aggregate demand American amount average bank billion borrow budget business cycle businessmen capital Chapter classical model companies consider consumer corporation crease debt decline demand curve determine dollars economic growth economists efficient employer expenditures factors of production farmer federal government Federal Reserve Figure firm fixed costs full employment greater gross national product higher important income tax increase industry inflation interest rates investment labor force laws less loanable funds loans major marginal cost marginal productivity marginal revenue market price ment monopolistic competition national income nomic oligopoly organized payment percent personal consumption expenditures personal income problem profits purchases pure competition quantity reduce rent rise savings sector sell shows sources spending sumer supply and demand supply curve Taft-Hartley Act theory tion total cost trade union variable cost workers World War II