Slide 18 AM – May 17 th, 2012 AP Macroeconomics Test Review RMCE/HWRHS Slide 2 8 AM – May 17 th, 2012 AP Macroeconomics Test Review RMCE/HWRHS Circular Flow Model Slide…
Slide 1Chapter 4 The Consumption Function Slide 2 Principal Determinants of Consumption (Slide 1) Recent average disposable income (DI) Expected average DI Changes in income…
Slide 1The Solow Growth Model (Part One) The steady state level of capital and how savings affects output and economic growth. Slide 2 Model Background Previous models such…
Slide 1The Keynesian Cross Model, The Money Market, and IS/LM Planned expenditure and actual expenditure. Slide 2 Constructing the Keynesian Cross Actual expenditure is Y…
Slide 1Over the business cycle, investment spending ______ consumption spending. 12345 a)is inversely correlated with b)is more volatile than c)has about the same volatility…
Slide 1Chapter 15. Monetary Policy Link to syllabus We may look briefly at the Appendix of this chapter. and Monetarism, pp. 532-34 Slide 2 The Money Demand Curve, Figure…
Slide 1Expenditures Multipliers: The Keynesian Model Lecture notes 9 Instructor: MELTEM INCE Slide 2 Expenditure Plans The aggregate expenditure model explains fluctuations…