'Transitory income' diaporamas de présentation

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Consumption and Investment Unit 3

Consumption and Investment Unit 3. At the end of this unit, you should be able to: Define the term consumption, saving and investment Explain the absolute income hypothesis, recognising the relationship between consumption and saving.

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TOPIC 3

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Government Debt

Government Debt. CHAPTER 15. Introduction. When a government spends more than it collects in taxes, it borrows from the private sector to finance the budget deficit The accumulation of past borrowing is the government debt Traditional view of government debt

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Income Inequality and Poverty

20. Income Inequality and Poverty. N. Gregory Mankiw. Premium PowerPoint Slides by Ron Cronovich. In this chapter, look for the answers to these questions:. How much inequality and poverty exist in our society? What are the problems measuring inequality?

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Chapter 16: Consumption

Chapter 16: Consumption. John M. Keynes: Absolute Income Hypothesis. Consumption is a linear function of disposable personal income, C = C + cY C = consumption expenditure Y = disposable income C = autonomous consumption (intercept of the line)

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