'Equilibrium gdp' diaporamas de présentation

Chapter 17 Aggregate Demand and Aggregate Supply

Chapter 17 Aggregate Demand and Aggregate Supply. Figure 1: The Two-Way Relationship Between Output and the Price Level. Aggregate Demand Curve. Price. Real. Level. GDP. Aggregate Supply Curve. The Price Level and The Money Market.

832 views • 63 slides

COMMON MISTAKES ON THE AP MACRO EXAM Compiled by: John Ostick Malvern Prep

COMMON MISTAKES ON THE AP MACRO EXAM Compiled by: John Ostick Malvern Prep. The difference between a change in demand and the resultant movement along a demand curve vs. Shifting of the demand curve. P. Q D. GRAPHING DEMAND. Price of Corn. What if Demand Increases?. P. $5 4 3 2 1.

588 views • 49 slides

Chapter 6 Determination of National Income

Chapter 6 Determination of National Income. Chapter Objectives. 1. Explain equilibrium GDP using the circular-flow approach. 2. Explain the paradox of thrift. 3. Use the multiplier formulas to calculate changes in equilibrium GDP.

754 views • 36 slides

509 views • 35 slides

507 views • 35 slides

1. With the Employment Act of 1946 , the federal government committed

Fiscal Policy Review Q's. 1. With the Employment Act of 1946 , the federal government committed itself to accept (total/some) degree of responsibility for employment/prices. 2. Fiscal policy is carried out primarily by the (local/state/federal ) government .

550 views • 32 slides

We will start at $500 equilibrium GDP on each. Of the three items (equilibrium GDP, change

INSTRUCTIONS FOR THE NEXT FOUR AE SLIDES. We will start at $500 equilibrium GDP on each. Of the three items (equilibrium GDP, change in expenditures, and MPC), you will be given two and if you know two you can always figure out the 3 rd . For instance if you knew that

323 views • 32 slides

Chapter 23

340 views • 32 slides

Ch. 10 Aggregate Expenditures: The Multiplier, Net Exports ( Xn ), and Government Spending (G)

346 views • 22 slides

International Trade and Equilibrium Output

310 views • 22 slides

Ch 9. The Aggregate Expenditures Model

Ch 9. The Aggregate Expenditures Model. (a) The investment demand curve and (b) the investment schedule. The level of investment spending ($20 bill) is determined by the interest rate (8%) together with the investment demand curve (ID).

337 views • 16 slides

Ch 9. The Aggregate Expenditures Model

Ch 9. The Aggregate Expenditures Model. (a) The investment demand curve and (b) the investment schedule. The level of investment spending ($20 bill) is determined by the interest rate (8%) together with the investment demand curve (ID).

167 views • 16 slides

Chapter 10 Appendices

Chapter 10 Appendices. Outline Finding equilibrium GDP algebraically. Finding the effects of a change in autonomous spending. The tax multiplier. Finding Equilibrium GDP Alegebraically. We start with the equation for the consumption function:

265 views • 15 slides

International Trade and Equilibrium Output

International Trade and Equilibrium Output. Net Exports and Aggregate Expenditures. Like consumption and gross investment, net exports also add to GDP or total output. Exports create Canadian jobs and income. For a closed economy, AE = C + Ig For an open economy, AE = C + Ig + Xn.

342 views • 11 slides

Multiplication, Net Exports, and Government

Multiplication, Net Exports, and Government. I. Multiplier. Multiplier effect: a change in a component of agg expenditures leads to a larger change in equilibrium GDP Multiplier = change rGDP/initial change in spending 1) initial change usually investment (more volatile), but can be C,G, I, X

232 views • 11 slides

The Aggregate Expenditures Model

10. C H A P T E R. The Aggregate Expenditures Model. o. 45. EQUILIBRIUM GDP. (C + I g = GDP). C + I g. $530 510 490 470 450 430 410 390 370. Equilibrium. C. I g = $20 Billion. Private spending, C + I g (billions of dollars). C =$450 Billion. o.

247 views • 11 slides

Income-Expenditure Model

Income-Expenditure Model. 2001 recession. Great R ecession. Question 1. Determine the marginal propensity to consume and the marginal propensity to save. Question 2. Given: (all real dollars) Autonomous consumption spending =$250 billion Planned investment spending = $350 billion

178 views • 9 slides

AP Economics

AP Economics. Chapter 10 Notes. I. Aggregate Expenditure. A. Will add X and G to calc. GDP 1. Equil. GDP is when spending (AE) = Real GDP a. 1. 2. 3. B. How can we lose Equil.? 1. Ex. Originally we are at Equil. Imports increase and net Exports (Xn) decline.

199 views • 9 slides

Chapter 28

Chapter 28. Caroline Martin-Tumasz Don Li. Slope of Aggregate Supply. Related to output Upward sloping A: Horizontal Range Low output Low utilization B: Middle Range Medium output Medium utilization C: Vertical Range High output High utilization. C. PL. B. A. EGDP.

282 views • 8 slides

MPC, Consumption Function, & Gaps

Unit 3 Chapter 25 & 26. MPC, Consumption Function, & Gaps. Marginal Propensity to Consume (MPC). Definition: the ratio of change in C from a change in DI, that caused the change in C MPC = C/ DI = Slope of Consumption Function. Consumption Function. Movement along

209 views • 8 slides