Principles of Macroeconomics |
Contents
CONSUMPTION AND Shifts Within Different Economies 161 The Income | 6 |
Economics Is Part of Social Science 6 Using Economic | 11 |
The Feds Alternative | 12 |
Copyright | |
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aggregate demand aggregate demand curve aggregate expenditure aggregate supply aggregate supply curve bank business cycle ceteris paribus chapter CHECK YOUR UNDERSTANDING circular flow model consumption spending create Crusoe decrease demand and supply demand curve deposits dollars economic growth economists economy's equilibrium level equilibrium price example exchange rate exports fall Federal Reserve firms fishermen full employment GDP deflator GOTTHEIL government spending graph higher households income multiplier inflation intended investment interest rate island Keynesian labor LDCs less level of national loans long run Macroeconomics marginal propensity ment money supply national income nomic opportunity cost oranges panel payments percent Phillips curve price and quantity price level produce production possibilities curve quantity demanded quantity supplied real GDP recession saving sell slope suppliers supply curve Suppose table in Exhibit tickets tion trade U.S. dollars units of capital wage workers yaps