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The top documents tagged [autonomous consumption]
GDP: Spending Y = C + I + G + NX Money MV = PY Circular flow Spending—Output—Income Measuring GDP and Price Indexes Unemployment Rate Laborforce Natural
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ECON 1150, 2013 Functions of One Variable ECON 1150, 2013 1. Functions of One Variable Examples: y = 1 + 2x, y = -2 + 3x Let x and y be 2 variables
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International Economics Equilibrium in an open economy Foreign Exchange Markets May 10-17, 2005
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The goods market: Exercises and applications Lecture 19 – academic year 2014/15 Introduction to Economics Fabio Landini
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1 Chapter 18 The Keynesian Model Key Concepts Key Concepts Summary Practice Quiz Internet Exercises Internet Exercises ©2002South-Western College Publishing
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Unit 3-6: Aggregate Demand and Supply and Fiscal Policy 1
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XII. Keynesian stabilization in an open economy. XII.1 Aggregate demand in the short run
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1 Chapter 18 Tutorial The Keynesian Model ©2000 South-Western College Publishing
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Factors that shift the consumption function 1. Changes in wealth – shift the consumption function. – Example: value of stocks, bonds, consumer durables
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Chapter 3
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AGGREGATE EXPENDITURES
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Slides for Part III- C Outline 1.The naïve model 2.Consumption function controversies 3.The “permanent” income hypothesis 4.The life-cycle hypothesis
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