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PART ONE The Structure of the Economy
An OverAll View of the Economy
52 other sections not shown
$1 billion amount demanded analysis average cost average fixed cost average revenue curve average total cost average variable cost billion worth business firms buyers cent change in demand change in price chapter commodities consumption corporation debt decline depression determine dollars earned economist economy effect elasticity of demand equal expand expect factors fall Federal Reserve Banks Federal Reserve Notes Figure fixed costs foreign full employment gold gross national product Hence higher important interest rate labor large number less level of output lower marginal cost curve marginal propensity marginal revenue curve member banks ment monopolistic monopolistic competition monopoly national income number of firms oligopolistic oligopoly owners period preferred stock price and output private investment profits propensity to consume prosperity public investment purchases raise raw materials reduce relatively rise sales receipts securities sell spending sumers supply curve total output total receipts units volume of sales wage rates