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picture1_Econ105lecture 07


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 79x       Filetype PPTX       File size 0.06 MB       Source: www.sfu.ca


File: Econ105lecture 07
Think a “regular” market There are curves (demand, supply), or functions And there is equilibrium GDP we talked about last time is equilibrium Call it ACTUAL We can think ...

icon picture PPTX Filetype Power Point PPTX | Posted on 01 Sep 2022 | 2 years ago
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...Think a regular market there are curves demand supply or functions and is equilibrium gdp we talked about last time call it actual can of national income desired planned y c i g nx aggregate expenditure ae going to split all expenditures into two parts autonomous e f induced assume very simple economy no trade government consumption function mpc x auto d empirics reasoning keynesian theory permanent average propensity consume apc marginal but then what do not save macro definition savings s aps mps shifts in household wealth interest rates expectations other stuf...
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