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The top documents tagged [real gdp y]
AE equilibrium At full employment, real GDP equals potential GDP and the unemployment rate equals the natural unemployment. Y = Y FE u c = 0 g 3% 2% u
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Aggregate Demand - Aggregate Supply Equilibrium. The Fixed-Price Keynesian Model: An Economy Below Full – Employment Focus on the Demand Side
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Measuring Output and The Price Level zClose look at the measures of the “big two” goal variables -- real GDP and the price level (to compute the inflation
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Chapter 12 -- The Basic Macro Model zThis chapter presents the first examination of our primary theory and model to describe the economy and predict effects
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C H A P T E R C H E C K L I S T
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Technological Change and Timing Reductions in Greenhouse Gas Emissions Rolf Färe Oregon State University Shawna Grosskopf Oregon State University Dimitris
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