Macroeconomics |
Contents
PART | 1 |
APPENDIX 1 HOW TO READ GRAPHS | 12 |
BASIC PROBLEMS OF ECONOMIC ORGANIZATION | 19 |
Copyright | |
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aggregate demand aggregate supply American analysis analyze assets balance billion budget business cycle capital capital deepening chapter consumers consumption function costs countries currency decline deficit demand curve deposits determined disposable income dollar domestic economic growth economists effect efficient equilibrium example exchange rate expenditure exports factors Federal Reserve Figure firms fiscal policy foreign government debt government spending higher impact important increase industries inertial inertial inflation inputs investment Keynesian labor long-run lower macroeconomic major ment monetarist monetary policy money supply natural rate nomic nominal GNP percent Phillips curve ployment potential GNP potential output price level prices and wages production quantity real GNP real interest rate recession reduce relative rise saving shift short run shows slope supply and demand supply curve Table tariff taxes technological theory tion unem unemployed unemployment unemployment rate United workers