inflasi - E-conosmart.com
... • Inflation can only happen if there is a volume increase in the money supply (both additions currency and demand deposits). • Without an increase in the money supply then there will be inflation, despite the rise in prices. • For example, in case of crop failures, prices tend to rise, but the incre ...
... • Inflation can only happen if there is a volume increase in the money supply (both additions currency and demand deposits). • Without an increase in the money supply then there will be inflation, despite the rise in prices. • For example, in case of crop failures, prices tend to rise, but the incre ...
Finance, Stagnation and Poverty in the World Economy
... finance, which enables low wage countries to out-compete high wage countries in the international market, also has the effect of making the wage rates in the latter exposed to the baneful consequences of the vast labour reserves in the former. One reason why the advanced capitalist world could witne ...
... finance, which enables low wage countries to out-compete high wage countries in the international market, also has the effect of making the wage rates in the latter exposed to the baneful consequences of the vast labour reserves in the former. One reason why the advanced capitalist world could witne ...
M x V = P x Q
... breakdown in the chain of events described in our Keynesian theory. Easy money policy: X Demand for bonds↑ → Bond prices↑ → interest rates↓ → investment↑ → AD↓ → MS↑ → PriceXlevel↑, Real GDP↑, and Unemployment↓ ...
... breakdown in the chain of events described in our Keynesian theory. Easy money policy: X Demand for bonds↑ → Bond prices↑ → interest rates↓ → investment↑ → AD↓ → MS↑ → PriceXlevel↑, Real GDP↑, and Unemployment↓ ...
Disequilibrium unemployment
... One possible reason is that the wage rate has been driven up above the equilibrium wage rate either by trade union power or a government-set minimum wage rate. It is argued that unions, by threatening to disrupt production, can force firms to pay higher wages than would be required in a free labour ...
... One possible reason is that the wage rate has been driven up above the equilibrium wage rate either by trade union power or a government-set minimum wage rate. It is argued that unions, by threatening to disrupt production, can force firms to pay higher wages than would be required in a free labour ...
Investments: Analysis and Management, Second Canadian
... Licensing Agency) is unlawful. Requests for further information should be addressed to the Permissions Department, John Wiley & Sons Canada, Ltd. The purchaser may make back-up copies for his or her own use only and not for distribution or resale. The author and the publisher assume no responsibilit ...
... Licensing Agency) is unlawful. Requests for further information should be addressed to the Permissions Department, John Wiley & Sons Canada, Ltd. The purchaser may make back-up copies for his or her own use only and not for distribution or resale. The author and the publisher assume no responsibilit ...
Makro-01
... Sejarah Ekonomi Makro • In 1936, John Maynard Keynes published The General Theory of Employment, Interest, and Money. • Keynes believed governments could intervene in the economy and affect the level of output and employment. • Fine-tuning was the phrase used by Walter Heller to refer to the govern ...
... Sejarah Ekonomi Makro • In 1936, John Maynard Keynes published The General Theory of Employment, Interest, and Money. • Keynes believed governments could intervene in the economy and affect the level of output and employment. • Fine-tuning was the phrase used by Walter Heller to refer to the govern ...
34 Power Point
... Keynes: “Animal spirits” cause waves of pessimism and optimism among households and firms, leading to shifts in aggregate demand and fluctuations in output and employment. ...
... Keynes: “Animal spirits” cause waves of pessimism and optimism among households and firms, leading to shifts in aggregate demand and fluctuations in output and employment. ...
Macroeconomic Model Database (MODELBASE)
... government share. With the Fed holding the nominal interest rate constant at a value near zero, the lower real rate would cause inflation to rise and accelerate without limit. Thus the combination of a permanent increase in government spending and the Fed setting the interest rate at zero would lea ...
... government share. With the Fed holding the nominal interest rate constant at a value near zero, the lower real rate would cause inflation to rise and accelerate without limit. Thus the combination of a permanent increase in government spending and the Fed setting the interest rate at zero would lea ...
Lessons From the Great Depression
... The index continued to fall in 1931–1932 and rebounded strongly in 1933 but then fluctuated between 100 and 200 for the remainder of the decade. Note the Dow stood at 131 at year-end 1940, even lower than the closing figure for 1930. There have been several downturns in stock prices of the magnitude ...
... The index continued to fall in 1931–1932 and rebounded strongly in 1933 but then fluctuated between 100 and 200 for the remainder of the decade. Note the Dow stood at 131 at year-end 1940, even lower than the closing figure for 1930. There have been several downturns in stock prices of the magnitude ...
Aggregate Demand and Aggregate Supply
... Lecture 10: Economic Fluctuations As we know, the long-term growth in the United States and other advanced economies is quite impressive over the past couple of centuries. We also know that this growth gets interrupted from time to time. As Figure 101, repeated here from Figure 2-2 reminds us, the g ...
... Lecture 10: Economic Fluctuations As we know, the long-term growth in the United States and other advanced economies is quite impressive over the past couple of centuries. We also know that this growth gets interrupted from time to time. As Figure 101, repeated here from Figure 2-2 reminds us, the g ...
Productivity Growth in the Developed Economies
... productivity). According to this model, growth slows as capital investments yield diminishing returns and demographic factors limit expansion of the labour supply. Sustained growth in mature economies thus hinges on advances in technology to raise productivity. A recent, highly controversial article ...
... productivity). According to this model, growth slows as capital investments yield diminishing returns and demographic factors limit expansion of the labour supply. Sustained growth in mature economies thus hinges on advances in technology to raise productivity. A recent, highly controversial article ...
Chapter 5 Transition to a National and a Market Economy: A
... government in federal economic policy were ignored. The Slovenian government therefore introduced measures to prevent bankruptcies, including postponing tax payments, issuing export subsidies, and redeeming part of the Iraqi debt from the budget of the republic by issuing government bonds. In Januar ...
... government in federal economic policy were ignored. The Slovenian government therefore introduced measures to prevent bankruptcies, including postponing tax payments, issuing export subsidies, and redeeming part of the Iraqi debt from the budget of the republic by issuing government bonds. In Januar ...
Evaluating the Classification of Economic Activity into Recessions and Expansions June 2010
... important questions: (1) How accurate is the taxonomy of expansions and recessions implied by the peak and trough dates recorded by the BCDC? (2) Because the BCDC releases are retrospective, which indicators best signal the current stage of the business cycle? And (3) which indicators predict future ...
... important questions: (1) How accurate is the taxonomy of expansions and recessions implied by the peak and trough dates recorded by the BCDC? (2) Because the BCDC releases are retrospective, which indicators best signal the current stage of the business cycle? And (3) which indicators predict future ...
economics syllabus
... efficient and equitable outcomes. Students will be able to understand how market forces of demand and supply interact to bring about market equilibrium. In addition, students will be able to understand that while decisions made by consumers and producers are necessary for the functioning of markets, t ...
... efficient and equitable outcomes. Students will be able to understand how market forces of demand and supply interact to bring about market equilibrium. In addition, students will be able to understand that while decisions made by consumers and producers are necessary for the functioning of markets, t ...
HKUMacroch01_5e
... Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall • Macroeconomics, 5/e • Olivier Blanchard ...
... Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall • Macroeconomics, 5/e • Olivier Blanchard ...
I. Introduction to basic economic problems
... quantity and quality of our factors of production and by our technology. The quantities of goods and services we would like to consume appears to be unlimited. As a result, economies must find ways to coordinate production to best meet our wants. Economics uses scientific methods to study the workin ...
... quantity and quality of our factors of production and by our technology. The quantities of goods and services we would like to consume appears to be unlimited. As a result, economies must find ways to coordinate production to best meet our wants. Economics uses scientific methods to study the workin ...