Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 234 Weeks Ago, 6 Days Ago |
Questions Answered: | 12843 |
Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
3. In the model laid out in this chapter, who receives? Who spends? Who saves?
5. What conditions comprise equilibrium in a macroeconomy?
6. Saving described as a “leakage” from the circular flow. How is it a leakage?
9. Describe how the problem of leakages in solved in the classic model.
11. List five factor, aside from the level of income, that can affect the level of consumption in a macroeconomy.
14. What determines aggregate in the Keynesian model? Draw and labor a graph.
16. Draw a “Keynesian cross” diagram, carefully labeling the curves and the equilibrium point.
17. Describe how adjustment to equilibrium occur in the Keynesian model.
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