'Constant price level' presentation slideshows

The demand for money

The demand for money. What is money?. Means of exchange (pay bills) Unit of account (what are units in balance sheets). Money and finance: The superstars of all time. Irving Fisher, Yale (1867-1947). Milton Friedman, Chicago (1912-2006). James Tobin, Yale (1918-2002). 3.

473 views • 24 slides

Chapter 9: Introduction to Economic Fluctuations

Chapter 9: Introduction to Economic Fluctuations. Business Cycle. Changes in the level of economic activity. Real GDP has grown at an average rate of 3% per year in 1960-95 But, growth has not been smooth: Recession: 1974-75, 1981-82, 1990-91 Boom: 1964-69, 1983-84, 1993-95.

188 views • 18 slides

macroeconomics

macroeconomics. National Income - Measurement. National Income Flow (per year) Flow chart Messy flow chart Could slice it several ways GDP, gross domestic product Amount of output within a country in a year = all expenditures = all incomes Why two sides are same? Value added

218 views • 7 slides

GDP Facts

64 views • 6 slides