Macroeconomics |
From inside the book
Results 1-3 of 76
Page 241
... unemployment rate . Figure 13-5 shows the close relationship between output changes and unemployment . You sometimes hear the expression , " You have to keep running just to stay in the same place . " This is true of GNP growth and ...
... unemployment rate . Figure 13-5 shows the close relationship between output changes and unemployment . You sometimes hear the expression , " You have to keep running just to stay in the same place . " This is true of GNP growth and ...
Page 249
... unemployment rates of males and females , on the other hand , have reversed over the last decade . Women have generally faced higher unemployment rates than men , but this was not the case in 1982 . Note as well that teenagers are a ...
... unemployment rates of males and females , on the other hand , have reversed over the last decade . Women have generally faced higher unemployment rates than men , but this was not the case in 1982 . Note as well that teenagers are a ...
Page 252
... unemployment . 6. Although unemployment has plagued capitalism since the Industrial Rev- olution , understanding its causes and costs has been possible only with the rise of modern macroeconomic theory . It is now apparent that reces ...
... unemployment . 6. Although unemployment has plagued capitalism since the Industrial Rev- olution , understanding its causes and costs has been possible only with the rise of modern macroeconomic theory . It is now apparent that reces ...
Contents
PART | 1 |
APPENDIX 1 HOW TO READ GRAPHS | 12 |
BASIC PROBLEMS OF ECONOMIC ORGANIZATION | 19 |
Copyright | |
33 other sections not shown
Other editions - View all
Common terms and phrases
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