Economics |
Contents
BASIC ECONOMIC CONCEPTS AND NATIONAL INCOME | 1 |
CENTRAL PROBLEMS OF EVERY ECONOMIC SOCIETY | 17 |
PRICE FUNCTIONING OF A MIXED ECONOMY | 41 |
Copyright | |
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American amount assets average balance banks billion business cycle capital cent Chapter comparative advantage consumer consumption corporations countries currency definition demand curve deposits depreciation diminishing returns dollar earnings economic economists effect efficient equal equilibrium expenditure exports extra factors factors of production Federal Reserve firm fiscal policy full employment gold growth higher important increase indifference curve industry inflation inputs interest rate intersection investment labor land law of diminishing less long-run lower macroeconomic Marginal Cost marginal utility marginal-product mixed economy modern monopoly national product oligopoly output perfect competition population problem profit quantity ratio real wage relative rent result revenue rise saving schedule sell shift shows slope social society spending supply and demand supply curve Table tariff theory trade union units wage rates wheat workers