ch03
Chapter 9 macro
Consumption Function
Aggregate demand and supply
Macro Economics
Economics
Char Lee Econ Lecture
DETERMINATION OF NATIONAL INCOME in the Keynesian Model At Equilibrium national income: –withdrawals equal injections –income equals expenditure.
TCO 6 Given a change in government purchases (G) or net taxes (T), and the Marginal Propensity to Consume (MPC) of the economy, analyze the effects of.
Copyright (c) 2000 by Harcourt Inc. All rights reserved. Next page Slides to Accompany Economics: Public and Private Choice 9th ed. James Gwartney, Richard.
8 AM – May 17 th, 2012 AP Macroeconomics Test Review RMCE/HWRHS.
Chapter 4 The Consumption Function. Principal Determinants of Consumption (Slide 1) Recent average disposable income (DI) Expected average DI Changes.
