Macroeconomics |
Contents
The Fundamentals of Economics | 3 |
Appendix | 9 |
How to Read Graphs | 15 |
Copyright | |
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aggregate demand aggregate supply assets balance billion budget business cycle capital capital deepening central bank chapter consumers consumption function cornflakes costs countries currency debt decline deficit demand curve deposits determined disposable income dollar economic growth economists effect equilibrium example exchange rate expenditure exports factors Federal Reserve Figure firms fiscal policy foreign GDP deflator Gross domestic product higher impact important increase inputs interest rates investment Keynesian labor force long run lower macroeconomic major mand market economy measure ment monetarist monetary policy money supply multiplier model natural rate nomic nominal GDP Okun's Law percent Phillips curve ployment potential GDP potential output price level profits quantity ratio real GDP recession rise saving shift short run shows slope spending supply and demand supply curve Table tariff taxes technological theory tion trade unem unemployed unemployment rate United variables workers