Copyright © 2008 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 23-1 At Full Employment: The Classical Model CHAPTER 23
Jan 03, 2016
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At Full Employment: The Classical Model
CHAPTER23
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FIGURE 23.1 (a) Production Possibilities and the Production Function
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FIGURE 23.1 (b) Production Possibilities and the Production Function
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FIGURE 23.2 The Demand for Labor
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FIGURE 23.2 (tbl) The Demand for LaborFIGURE 23.2 (tbl) The Demand for Labor
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FIGURE 23.3 (a) Marginal Product and the Demand for Labor
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FIGURE 23.3 (b) Marginal Product and the Demand for Labor
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FIGURE 23.4 The Supply of Labor
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FIGURE 23.4 (tbl) The Supply of Labor
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FIGURE 23.5 Labor Market Equilibrium
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FIGURE 23.6 (a) The Labor Market andPotential GDP
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FIGURE 23.6 (b) The Labor Market andPotential GDP
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FIGURE 23.7 Job Search Unemployment
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FIGURE 23.8 The Demand for LoanableFunds
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FIGURE 23.8 (tbl) The Demand for Loanable Funds
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FIGURE 23.9 The Supply of LoanableFunds
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FIGURE 23.9 (tbl) The Supply of Loanable Funds
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FIGURE 23.10 Equilibrium in the LoanableFunds Market
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FIGURE 23.11 (a) Full Employment in theUnited States: 1986 and 2005
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FIGURE 23.11 (b) Full Employment in theUnited States: 1986 and 2005
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Reading between the linesFigure 1 Labor markets in 2005
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Reading between the linesFigure 2 Production functions in 2005
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THE END