Slide 1 Slide 2 Potential GDP and the Natural Unemployment Rate CHAPTER 8 Slide 3 C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you…
Slide 1 Slide 2 Slide 3 Slide 4 Slide 5 “ I believe myself to be writing a book on economic theory which will largely revolutionize—not, I suppose, at once but in the…
Slide 1 Slide 2 Potential GDP and the Natural Unemployment Rate CHAPTER 8 THE REAL ECONOMY PART 3 Slide 3 When you have completed your study of this chapter, you will be…
Slide 1 Slide 2 Macroeconomic Policy Recent U.S. macroeconomic history Macroeconomic policy goals Alternative growth paths Slide 3 Recent U.S. macroeconomic history Growth,…
Slide 1 Slides are prepared by Dr. Amy Peng, Ryerson University Chapter Five Output, Business Cycles, and Employment Macroeconomics by Curtis, Irvine and Begg Canadian Edition,…
Slide 122 The Goals of Macroeconomic Policy When men are employed, they are best contented. BENJAMIN FRANKLIN Inflation is repudiation. CALVIN COOLIDGE The Goals of Macroeconomic…