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National Income: Where it Comes From and Where it Goes

National Income: Where it Comes From and Where it Goes

3. National Income: Where it Comes From and Where it Goes. Outline of model. A closed economy, market-clearing model Supply side factor markets (supply, demand, price) determination of output/income Demand side determinants of C , I , and G Equilibrium goods market

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1.39k views • 84 slides
Topic 3: National Income: Where it Comes From and Where it Goes (chapter 3) revised 9/21/09

Topic 3: National Income: Where it Comes From and Where it Goes (chapter 3) revised 9/21/09

Topic 3: National Income: Where it Comes From and Where it Goes (chapter 3) revised 9/21/09. Introduction. In the last lecture we defined and measured some key macroeconomic variables. Now we start building theories about what determines these key variables.

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888 views • 66 slides
Topic 3: National Income: Where it Comes From and Where it Goes (chapter 3) revised 9/21/09

Topic 3: National Income: Where it Comes From and Where it Goes (chapter 3) revised 9/21/09

Topic 3: National Income: Where it Comes From and Where it Goes (chapter 3) revised 9/21/09. Introduction. In the last lecture we defined and measured some key macroeconomic variables. Now we start building theories about what determines these key variables.

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820 views • 66 slides
Instructor Sandeep Basnyat Sandeep_basnyat@yahoo 9841 892281

Instructor Sandeep Basnyat Sandeep_basnyat@yahoo 9841 892281

Macroeconomics & The Global Economy Term III Ace Institute of Management Chapter 3: National income-where it comes and where it goes?. Instructor Sandeep Basnyat Sandeep_basnyat@yahoo.com 9841 892281. What Macroeconomics study?.

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715 views • 62 slides
Review of the previous Lecture

Review of the previous Lecture

Review of the previous Lecture. The overall level of prices can be measured by either the Consumer Price Index (CPI), the price of a fixed basket of goods purchased by the typical consumer the GDP deflator, the ratio of nominal to real GDP

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360 views • 27 slides

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