EconomicsContains chapter overview and outline, learning objectives, key concept review, helpful hints, multiple choice questions and problem solving questions |
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Contents
PART | 1 |
HOW TO READ GRAPHS | 12 |
BASIC PROBLEMS OF ECONOMIC ORGANIZATION | 19 |
Copyright | |
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aggregate demand aggregate supply analysis analyze assets average bank billion budget business cycle capital chapter consumer consumption consumption function countries currency debt decline deficit demand curve determined dollar earnings economic growth economists effect efficient elasticity equal equilibrium example exchange rates exports factors factors of production Federal Reserve Figure firms fiscal policy foreign higher impact important income increase industry inflation inputs interest rates investment land long-run lower macroeconomic major marginal cost marginal product marginal utility market economy measure ment monetary policy money supply monopoly multiplier nomic percent perfect competition Phillips curve potential output price level profits raise ratio real GNP reduce rent rise saving shift short run shown shows slope spending supply and demand supply curve Table tariff tax rates technological theory tion trade unem unemployed unions United variable workers