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Fifth Edition
Update 2005–2006
Figure 1 Personal Savings Rate
Chapter 2 Update: Wealth Versus Saving
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
2
Figure 2 Personal saving rate and
private saving rate
Chapter 2 Update: Wealth Versus Saving
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
3
Figure 3 Personal saving rates reported by
the government at different vintage dates
Chapter 2 Update: Wealth Versus Saving
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
4
Figure 4 Annual change in net worth
divided by disposable personal income
Chapter 2 Update: Wealth Versus Saving
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
5
Figure 1 Exports and imports of goods and
services as a percent of GDP
Chapter 5 Update: Globalization
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
6
Figure 2 International ownership of assets
relative to U.S. GDP
Chapter 5 Update: Globalization
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
7
Figure 3 International trade in business
services
Chapter 5 Update: Globalization
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
8
Figure 1 Current account balance as a
percent of GDP
Chapter 5 Update: Current Account Deficit
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
9
Figure 2 Net international ownership of
assets relative to U.S. GDP
Chapter 5 Update: Current Account Deficit
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
10
Figure 3 Petroleum net exports as a
percent of U.S. GDP
Chapter 5 Update: Current Account Deficit
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
11
Figure 1 Productivity levels
Chapter 6 Update: Productivity
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
12
Figure 2 Productivity growth
Chapter 6 Update: Productivity
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
13
Table 1 Economic growth in China, the
United States, and Japan
Chapter 6 Update: China
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
14
Figure 1 Real GDP growth in China and
the United States
Chapter 6 Update: China
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
15
Figure 2 Consumer price inflation rates in
China and the United States
Chapter 6 Update: China
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
16
Figure 3 Government budget relative to
GDP in China and the United States
Chapter 6 Update: China
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
17
Figure 4 Current account balance in China
and the United States
Chapter 6 Update: China
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
18
Figure 1 GDP at cyclical peaks
Chapter 8 Update: The Unusual 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
19
Figure 2 Personal consumption
expenditures at cyclical peaks
Chapter 8 Update: The Unusual 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
20
Figure 3 Residential fixed investment at
cyclical peaks
Chapter 8 Update: The Unusual 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
21
Figure 4 Business fixed investment at
cyclical peaks
Chapter 8 Update: The Unusual 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
22
Figure 5 Payroll employment at cyclical
troughs
Chapter 8 Update: The Unusual 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
23
Figure 1 The nominal price of oil
Chapter 8 Update: Oil and the Economy
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
24
Figure 2 The real price of oil
Chapter 8 Update: Oil and the Economy
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
25
Figure 1 Payroll employment at cyclical
troughs
Chapter 8 Update: The Jobless Recovery from the 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
26
Figure 2 GDP at cyclical troughs
Chapter 8 Update: The Jobless Recovery from the 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
27
Figure 3 Labor force participation rate
Chapter 8 Update: The Jobless Recovery from the 2001 Recession
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
28
Figure 1 Nominal exchange rate between
the euro and the dollar
Chapter 13 Update: The Dollar’s Recent Behavior
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
29
Figure 2 Nominal exchange rate between
the yen and the dollar
Chapter 13 Update: The Dollar’s Recent Behavior
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
30
Figure 3 Broad real exchange rate index
Chapter 13 Update: The Dollar’s Recent Behavior
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
31
Figure 1 Exchange rate between China
and the United States
Chapter 13 Update: The Yuan
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
32
Figure 2 Exchange rate between China
and Japan
Chapter 13 Update: The Yuan
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
33
Figure 1 Interest rates on nominal and TIIS
ten-year bonds
Chapter 14 Update: Asset Prices and Monetary Policy
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
34
Figure 2 Alternative measures of expected
inflation
Chapter 14 Update: Asset Prices and Monetary Policy
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
35
Figure 1 Japan’s overnight interest rate
and inflation rate
Chapter 14 Update: The Zero Bound
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
36
Figure 2 Switzerland’s weekly repo interest
rate and inflation rate
Chapter 14 Update: The Zero Bound
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
37
Figure 3 U.S. federal funds interest rate
and inflation rate
Chapter 14 Update: The Zero Bound
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
38
Figure 1 Number of workers per retiree
Chapter 15 Update: Current Issues in Social Security
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
39
Figure 2 Social security cost and tax
revenue as a percent of GDP
Chapter 15 Update: Current Issues in Social Security
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
40
Figure 1 U.S. federal government budget
surplus/deficit relative to GDP
Chapter 15 Update: The U.S. Budget Deficit
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
41
Figure 2 U.S. federal government receipts
and outlays relative to GDP
Chapter 15 Update: The U.S. Budget Deficit
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
42
Figure 3 U.S. federal government debt
held by the public relative to GDP
Chapter 15 Update: The U.S. Budget Deficit
Copyright © 2006 Pearson Addison-Wesley. All rights reserved.
43
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