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Documents Unit 1: Money Quantity Theory of Money 9/9/2010. Learning Methods Three economic languages verbal...

Slide 1 Unit 1: Money Quantity Theory of Money 9/9/2010 Slide 2 Learning Methods Three economic languages verbal (words) algebraic (math) graphical (diagrams) Slide 3 Equation…

Documents Chapter 15: Fiscal Policy © 2008 Prentice Hall Business Publishing Economics R. Glenn Hubbard,...

Slide 1 Chapter 15: Fiscal Policy © 2008 Prentice Hall Business Publishing Economics R. Glenn Hubbard, Anthony Patrick O’Brien, 2e. 1 of 46 Fiscal policy Changes in federal…

Documents Unit 1: Money

Unit 1: Money Quantity Theory of Money 9/9/2010 Learning Methods Three economic languages verbal (words) algebraic (math) graphical (diagrams) Equation of Exchange The equation…

Documents Principles of MacroEconomics: Econ101 1 of 19. What is Fiscal Policy Automatic Discretionary The...

Principles of MacroEconomics: Econ101 * of 19 What is Fiscal Policy Automatic Discretionary The Multiplier Effect Revisited Government Spending Taxes Expansionary vs. Contractionary…

Documents Fiscal Policy

Chapter 15: Fiscal Policy Fiscal Policy Changes in federal taxes and purchases Where does the government spend its money? Federal Government Spending, 2010 2 Fiscal Policy…

Documents Fiscal Policy

Chapter 15: Fiscal Policy Fiscal Policy Changes in federal taxes and purchases Where does the government spend its money? Federal Government Spending, 2008 2 Fiscal Policy…

Documents Unit 1: Money

Slide 1 Unit 1: Money History of Money & Inflation 9/14/2010 Inflation inflation – a rise in the price level (fall in PPM) hyperinflation – a rise in the price level…

Documents 1 of 17 Principles of Economics: Econ101. Keynes on Say’s Law Keynes on Wage Rates and Prices .....

* of 17 Principles of Economics: Econ101 Keynes on Sayâs Law Keynes on Wage Rates and Prices Consumption Function Equilibrium Real GDP and Gaps The Expenditure Multiplier…

Documents Chapter 10 Lecture - Aggregate Supply and Aggregate Demand.

Chapter 10 Lecture - Aggregate Supply and Aggregate Demand Quantity Supplied and Supply The quantity of real GDP supplied is the total quantity that firms plan to produce…