Macroeconomics: Selected ReadingsIncome and consumption; Investment; The public sector and income determination; Money and interest; Money, interest, and income determination; Growth; Inflation; Macroeconomic policy. |
Contents
PREFACE | 1 |
A Method of Identifying Disturbances Which Produce Changes | 17 |
IncomeConsumption Relations and Their Implications | 18 |
Copyright | |
20 other sections not shown
Common terms and phrases
acceleration principle aggregate aggregate demand amount analysis argument assumed assumption average billion Business Cycles capacity capital equipment capital funds cash balances cent conclusion constant consumption function correlation cost countercyclical curve cyclical decline deficit demand deposits demand for money depends determined discussion disposable income dollar Duesenberry economists effect equal equation equilibrium expansion expected factors fall families firms fiscal policy full employment given government expenditures household important income funds income hypothesis increase industries inflation interest rates investment Keynes Keynesian labor level of income liquid assets liquidity preference marginal propensity monetary policy money income money supply national income output period permanent income permanent income hypothesis Pigou Pigou effect position postwar price level production profits rate of growth rate of interest real wage receipts reduce relation relative replacement result rise savings ratio stability Statistics tax cut theory variables velocity wage rates yields