Updated for the Seventh Edition by Mark Rush of University of Florida, this study guide is carefully coordinated with the main text and Test Banks. Each chapter of the Study Guide contains: / Key concepts / Helpful hints / True/false/uncertain questions that ask students to explain their answers / Multiple-choice questions / Short-answer questions. Common questions or misconceptions that the student explains as if he or she were the teacher Each part allows students to test their cumulative understanding with sample midterm tests.
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Preface How to Earn An A
Appendix Making and Using Graphs
The Economic Problem
19 other sections not shown
aggregate demand aggregate demand curve aggregate expenditure aggregate supply curve banks capital per hour compact disc consumption expenditure creases curve leftward curve rightward curve shifts leftward curve shifts rightward decreases demand curve deposits economic growth economists equals exchange rate exports falls feedback rule Figure fiscal policy full employment GDP increases GDP per person government purchases graph growth rate higher hour of labor increase in aggregate increases the quantity investment Keynesian labor force loan macroeconomic monetarist monetary policy money wage rate Multiple Choice multiplier nation natural rate nominal interest rate opportunity cost percent Phillips curve potential GDP price level production possibilities frontier quantity of money real business cycle Real GDP trillions real interest rate real wage rate recession relationship SAS curve saving Short Answer Problem short-run aggregate supply shows slope supply curve tion trillions of 2000 U.S. dollars unemployment rate workers