Suche senden
Hochladen
Case econ08 ppt_25
•
Als PPT, PDF herunterladen
•
2 gefällt mir
•
711 views
C
Cibin Mathew
Folgen
Wirtschaft & Finanzen
Business
Melden
Teilen
Melden
Teilen
1 von 27
Jetzt herunterladen
Empfohlen
Ppt econ 9e_one_click_ch25
Ppt econ 9e_one_click_ch25
Muhammad Attique Shah
Ppt econ 9e_one_click_ch33
Ppt econ 9e_one_click_ch33
Muhammad Attique Shah
Ppt econ 9e_one_click_ch23
Ppt econ 9e_one_click_ch23
Muhammad Attique Shah
Froyen13
Froyen13
Muhammad Roby Yuliansyah
Mankiw6e chap11
Mankiw6e chap11
Cambodian Mekong University
Gregory mankiw macroeconomic 7th edition chapter (6)
Gregory mankiw macroeconomic 7th edition chapter (6)
Kyaw Thiha
Ppt econ 9e_one_click_ch22
Ppt econ 9e_one_click_ch22
Muhammad Attique Shah
Gregory mankiw macroeconomic 7th edition chapter (16)
Gregory mankiw macroeconomic 7th edition chapter (16)
Kyaw Thiha
Empfohlen
Ppt econ 9e_one_click_ch25
Ppt econ 9e_one_click_ch25
Muhammad Attique Shah
Ppt econ 9e_one_click_ch33
Ppt econ 9e_one_click_ch33
Muhammad Attique Shah
Ppt econ 9e_one_click_ch23
Ppt econ 9e_one_click_ch23
Muhammad Attique Shah
Froyen13
Froyen13
Muhammad Roby Yuliansyah
Mankiw6e chap11
Mankiw6e chap11
Cambodian Mekong University
Gregory mankiw macroeconomic 7th edition chapter (6)
Gregory mankiw macroeconomic 7th edition chapter (6)
Kyaw Thiha
Ppt econ 9e_one_click_ch22
Ppt econ 9e_one_click_ch22
Muhammad Attique Shah
Gregory mankiw macroeconomic 7th edition chapter (16)
Gregory mankiw macroeconomic 7th edition chapter (16)
Kyaw Thiha
Froyen06
Froyen06
Muhammad Roby Yuliansyah
Gregory mankiw macroeconomic 7th edition chapter (12)
Gregory mankiw macroeconomic 7th edition chapter (12)
Kyaw Thiha
Gregory mankiw macroeconomic 7th edition chapter (11)
Gregory mankiw macroeconomic 7th edition chapter (11)
Kyaw Thiha
Principles of economics (Chapter 7)
Principles of economics (Chapter 7)
Yowela Estanislao
Micro Economics- Chapter 4 PPT
Micro Economics- Chapter 4 PPT
Zeiad Ahmed
Gregory mankiw macroeconomic 7th edition chapter (14)
Gregory mankiw macroeconomic 7th edition chapter (14)
Kyaw Thiha
Chapter 19 Classical vs. Keynesian
Chapter 19 Classical vs. Keynesian
MrRed
Ppt econ 9e_one_click_ch05
Ppt econ 9e_one_click_ch05
Muhammad Attique Shah
Natural rate of unemploymenty
Natural rate of unemploymenty
Jijikumari
Froyen11
Froyen11
Muhammad Roby Yuliansyah
Principles of economics (Chapter 1)
Principles of economics (Chapter 1)
Yowela Estanislao
Gregory mankiw macroeconomic 7th edition chapter (8)
Gregory mankiw macroeconomic 7th edition chapter (8)
Kyaw Thiha
Gregory mankiw macroeconomic 7th edition chapter (5)
Gregory mankiw macroeconomic 7th edition chapter (5)
Kyaw Thiha
MACROECONOMICS-CH3
MACROECONOMICS-CH3
kkjjkevin03
Froyen12
Froyen12
Muhammad Roby Yuliansyah
Gregory mankiw macroeconomic 7th edition chapter (15)
Gregory mankiw macroeconomic 7th edition chapter (15)
Kyaw Thiha
Structuralist theory of inflation
Structuralist theory of inflation
Prabha Panth
Dead weight loss
Dead weight loss
POOJA GOYAL
.pptx
.pptx
DrIshaSharma4
Aggregate Demand (AD)
Aggregate Demand (AD)
tutor2u
Case econ08 ppt_21
Case econ08 ppt_21
Cibin Mathew
Monetary and fiscal policy ppt @ becdoms
Monetary and fiscal policy ppt @ becdoms
Babasab Patil
Weitere ähnliche Inhalte
Was ist angesagt?
Froyen06
Froyen06
Muhammad Roby Yuliansyah
Gregory mankiw macroeconomic 7th edition chapter (12)
Gregory mankiw macroeconomic 7th edition chapter (12)
Kyaw Thiha
Gregory mankiw macroeconomic 7th edition chapter (11)
Gregory mankiw macroeconomic 7th edition chapter (11)
Kyaw Thiha
Principles of economics (Chapter 7)
Principles of economics (Chapter 7)
Yowela Estanislao
Micro Economics- Chapter 4 PPT
Micro Economics- Chapter 4 PPT
Zeiad Ahmed
Gregory mankiw macroeconomic 7th edition chapter (14)
Gregory mankiw macroeconomic 7th edition chapter (14)
Kyaw Thiha
Chapter 19 Classical vs. Keynesian
Chapter 19 Classical vs. Keynesian
MrRed
Ppt econ 9e_one_click_ch05
Ppt econ 9e_one_click_ch05
Muhammad Attique Shah
Natural rate of unemploymenty
Natural rate of unemploymenty
Jijikumari
Froyen11
Froyen11
Muhammad Roby Yuliansyah
Principles of economics (Chapter 1)
Principles of economics (Chapter 1)
Yowela Estanislao
Gregory mankiw macroeconomic 7th edition chapter (8)
Gregory mankiw macroeconomic 7th edition chapter (8)
Kyaw Thiha
Gregory mankiw macroeconomic 7th edition chapter (5)
Gregory mankiw macroeconomic 7th edition chapter (5)
Kyaw Thiha
MACROECONOMICS-CH3
MACROECONOMICS-CH3
kkjjkevin03
Froyen12
Froyen12
Muhammad Roby Yuliansyah
Gregory mankiw macroeconomic 7th edition chapter (15)
Gregory mankiw macroeconomic 7th edition chapter (15)
Kyaw Thiha
Structuralist theory of inflation
Structuralist theory of inflation
Prabha Panth
Dead weight loss
Dead weight loss
POOJA GOYAL
.pptx
.pptx
DrIshaSharma4
Aggregate Demand (AD)
Aggregate Demand (AD)
tutor2u
Was ist angesagt?
(20)
Froyen06
Froyen06
Gregory mankiw macroeconomic 7th edition chapter (12)
Gregory mankiw macroeconomic 7th edition chapter (12)
Gregory mankiw macroeconomic 7th edition chapter (11)
Gregory mankiw macroeconomic 7th edition chapter (11)
Principles of economics (Chapter 7)
Principles of economics (Chapter 7)
Micro Economics- Chapter 4 PPT
Micro Economics- Chapter 4 PPT
Gregory mankiw macroeconomic 7th edition chapter (14)
Gregory mankiw macroeconomic 7th edition chapter (14)
Chapter 19 Classical vs. Keynesian
Chapter 19 Classical vs. Keynesian
Ppt econ 9e_one_click_ch05
Ppt econ 9e_one_click_ch05
Natural rate of unemploymenty
Natural rate of unemploymenty
Froyen11
Froyen11
Principles of economics (Chapter 1)
Principles of economics (Chapter 1)
Gregory mankiw macroeconomic 7th edition chapter (8)
Gregory mankiw macroeconomic 7th edition chapter (8)
Gregory mankiw macroeconomic 7th edition chapter (5)
Gregory mankiw macroeconomic 7th edition chapter (5)
MACROECONOMICS-CH3
MACROECONOMICS-CH3
Froyen12
Froyen12
Gregory mankiw macroeconomic 7th edition chapter (15)
Gregory mankiw macroeconomic 7th edition chapter (15)
Structuralist theory of inflation
Structuralist theory of inflation
Dead weight loss
Dead weight loss
.pptx
.pptx
Aggregate Demand (AD)
Aggregate Demand (AD)
Andere mochten auch
Case econ08 ppt_21
Case econ08 ppt_21
Cibin Mathew
Monetary and fiscal policy ppt @ becdoms
Monetary and fiscal policy ppt @ becdoms
Babasab Patil
Impact of injection and withdrawal of money stock on economic growth in nigeria
Impact of injection and withdrawal of money stock on economic growth in nigeria
Alexander Decker
Money supply
Money supply
Saurabh Agarwal
Macroeconomics: Fiscal Policy
Macroeconomics: Fiscal Policy
brianbelen
Monetary policy
Monetary policy
Marvin Morales
Fiscal Policy
Fiscal Policy
rammshiva
Economic planing in pakistan
Economic planing in pakistan
Ali Mughal
Agri 2312 chapter 13 macroeconomic policy fundamentals
Agri 2312 chapter 13 macroeconomic policy fundamentals
Rita Conley
Aggregate Supply / Demand
Aggregate Supply / Demand
MrRed
Fiscal Policy
Fiscal Policy
Noel Buensuceso
Macroeconomic; Government Expenditure (Comic)
Macroeconomic; Government Expenditure (Comic)
Adynn Khairil
Macro Economics
Macro Economics
Peter Cullen
Macroeconomic Consumer Theory
Macroeconomic Consumer Theory
brianbelen
Aggregate Expenditure and Equilibrium Output
Aggregate Expenditure and Equilibrium Output
Noel Buensuceso
classical theory of employement
classical theory of employement
Bibek Oli
The Capital Market and the Investment Decision
The Capital Market and the Investment Decision
Noel Buensuceso
Chapter 9
Chapter 9
Warnoyo Ahmad
Fiscal Policy and Government Expenditure
Fiscal Policy and Government Expenditure
Aquinas College Economics Department
Macro economic policy debates
Macro economic policy debates
Ängel Rözi Rozi
Andere mochten auch
(20)
Case econ08 ppt_21
Case econ08 ppt_21
Monetary and fiscal policy ppt @ becdoms
Monetary and fiscal policy ppt @ becdoms
Impact of injection and withdrawal of money stock on economic growth in nigeria
Impact of injection and withdrawal of money stock on economic growth in nigeria
Money supply
Money supply
Macroeconomics: Fiscal Policy
Macroeconomics: Fiscal Policy
Monetary policy
Monetary policy
Fiscal Policy
Fiscal Policy
Economic planing in pakistan
Economic planing in pakistan
Agri 2312 chapter 13 macroeconomic policy fundamentals
Agri 2312 chapter 13 macroeconomic policy fundamentals
Aggregate Supply / Demand
Aggregate Supply / Demand
Fiscal Policy
Fiscal Policy
Macroeconomic; Government Expenditure (Comic)
Macroeconomic; Government Expenditure (Comic)
Macro Economics
Macro Economics
Macroeconomic Consumer Theory
Macroeconomic Consumer Theory
Aggregate Expenditure and Equilibrium Output
Aggregate Expenditure and Equilibrium Output
classical theory of employement
classical theory of employement
The Capital Market and the Investment Decision
The Capital Market and the Investment Decision
Chapter 9
Chapter 9
Fiscal Policy and Government Expenditure
Fiscal Policy and Government Expenditure
Macro economic policy debates
Macro economic policy debates
Ähnlich wie Case econ08 ppt_25
Case econ08 ppt_24
Case econ08 ppt_24
Cibin Mathew
Case econ08 ppt_34
Case econ08 ppt_34
Cibin Mathew
Case econ08 ppt_34
Case econ08 ppt_34
Cibin Mathew
Anatomy of learning economics
Anatomy of learning economics
Michael Noel
FR083C77A1509C1C48439B642BC6908A6183
FR083C77A1509C1C48439B642BC6908A6183
rajeev kumar tiwari
Finance For Trainers
Finance For Trainers
guest3e5ed9
Finance For Trainers2
Finance For Trainers2
nishumoni1610
Moving Financial Planning and Analysis to the Next Level
Moving Financial Planning and Analysis to the Next Level
Cognizant
Para Politikasi
Para Politikasi
serdar635
Micro economics course module
Micro economics course module
pcte
Pgdm managerial economics course module
Pgdm managerial economics course module
pcte
Pgdm managerial economics course module
Pgdm managerial economics course module
pcte
Case econ08 ppt_18
Case econ08 ppt_18
Cibin Mathew
Case econ08 ppt_18
Case econ08 ppt_18
Cibin Mathew
Course Module-Managerial Economics
Course Module-Managerial Economics
Punjab College of Technical Education
Financial Development Index And Global Competitiveness Index of the World Eco...
Financial Development Index And Global Competitiveness Index of the World Eco...
Amir Jahangir
Course outline aeco 202
Course outline aeco 202
Shivam Bindra
Basic step in developing a competitive market chain strategy
Basic step in developing a competitive market chain strategy
Dung Tri
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
Iulian Warter
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
Liviu Warter
Ähnlich wie Case econ08 ppt_25
(20)
Case econ08 ppt_24
Case econ08 ppt_24
Case econ08 ppt_34
Case econ08 ppt_34
Case econ08 ppt_34
Case econ08 ppt_34
Anatomy of learning economics
Anatomy of learning economics
FR083C77A1509C1C48439B642BC6908A6183
FR083C77A1509C1C48439B642BC6908A6183
Finance For Trainers
Finance For Trainers
Finance For Trainers2
Finance For Trainers2
Moving Financial Planning and Analysis to the Next Level
Moving Financial Planning and Analysis to the Next Level
Para Politikasi
Para Politikasi
Micro economics course module
Micro economics course module
Pgdm managerial economics course module
Pgdm managerial economics course module
Pgdm managerial economics course module
Pgdm managerial economics course module
Case econ08 ppt_18
Case econ08 ppt_18
Case econ08 ppt_18
Case econ08 ppt_18
Course Module-Managerial Economics
Course Module-Managerial Economics
Financial Development Index And Global Competitiveness Index of the World Eco...
Financial Development Index And Global Competitiveness Index of the World Eco...
Course outline aeco 202
Course outline aeco 202
Basic step in developing a competitive market chain strategy
Basic step in developing a competitive market chain strategy
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
CAN MERGERS AND ACQUISITIONS IMPROVE BANKING INDUSTRY
Mehr von Cibin Mathew
Report writing
Report writing
Cibin Mathew
Case econ08 ppt_23
Case econ08 ppt_23
Cibin Mathew
Case econ08 ppt_22
Case econ08 ppt_22
Cibin Mathew
Case econ08 ppt_19
Case econ08 ppt_19
Cibin Mathew
Case econ08 ppt_26
Case econ08 ppt_26
Cibin Mathew
Buisness management
Buisness management
Cibin Mathew
Mehr von Cibin Mathew
(6)
Report writing
Report writing
Case econ08 ppt_23
Case econ08 ppt_23
Case econ08 ppt_22
Case econ08 ppt_22
Case econ08 ppt_19
Case econ08 ppt_19
Case econ08 ppt_26
Case econ08 ppt_26
Buisness management
Buisness management
Kürzlich hochgeladen
Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...
Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...
priyasharma62062
Fixed exchange rate and flexible exchange rate.pptx
Fixed exchange rate and flexible exchange rate.pptx
TintoTom3
Seeman_Fiintouch_LLP_Newsletter_May-2024.pdf
Seeman_Fiintouch_LLP_Newsletter_May-2024.pdf
Ashis Kumar Dey
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
Henry Tapper
Kurla Capable Call Girls ,07506202331, Sion Affordable Call Girls
Kurla Capable Call Girls ,07506202331, Sion Affordable Call Girls
Priya Reddy
Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...
Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...
kajalverma014
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
Cocity Enterprises
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
janibaber266
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
rightmanforbloodline
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
✂️ 👅 Independent Bhubaneswar Escorts Odisha Call Girls With Room Bhubaneswar ...
✂️ 👅 Independent Bhubaneswar Escorts Odisha Call Girls With Room Bhubaneswar ...
Call Girls Mumbai
Mahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot Girls
Mahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot Girls
Deepika Singh
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Call Girls Mumbai
Pension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdf
Henry Tapper
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...
Call Girls Mumbai
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
Technology industry / Finnish economic outlook
Technology industry / Finnish economic outlook
TechFinland
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
Falcon Invoice Discounting
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
batoole333
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
Adnet Communications
Kürzlich hochgeladen
(20)
Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...
Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...
Fixed exchange rate and flexible exchange rate.pptx
Fixed exchange rate and flexible exchange rate.pptx
Seeman_Fiintouch_LLP_Newsletter_May-2024.pdf
Seeman_Fiintouch_LLP_Newsletter_May-2024.pdf
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
Kurla Capable Call Girls ,07506202331, Sion Affordable Call Girls
Kurla Capable Call Girls ,07506202331, Sion Affordable Call Girls
Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...
Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
MASTERING FOREX: STRATEGIES FOR SUCCESS.pdf
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
✂️ 👅 Independent Bhubaneswar Escorts Odisha Call Girls With Room Bhubaneswar ...
✂️ 👅 Independent Bhubaneswar Escorts Odisha Call Girls With Room Bhubaneswar ...
Mahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot Girls
Mahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot Girls
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Pension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdf
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...
Vip Call Girls Rasulgada😉 Bhubaneswar 9777949614 Housewife Call Girls Servic...
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Technology industry / Finnish economic outlook
Technology industry / Finnish economic outlook
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
Case econ08 ppt_25
1.
PART VI MACROECONOMIC
ANALYSIS Chapter 25 Money, the Interest Rate, and Output: Analysis and Policy Prepared by: Fernando & Yvonn Quijano © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair
2.
CHAPTER 25: Money,
the Interest Rate, and Output: PART IV MACROECONOMIC ANALYSIS Money, the Interest Rate, and Output: Analysis and Policy 25 Chapter Outline Analysis and Policy The Links Between the Goods Market and the Money Market Investment, the Interest Rate, and the Goods Market Money Demand, Aggregate Output (Income), and the Money Market Combining the Goods Market and the Money Market Expansionary Policy Effects Contractionary Policy Effects The Macroeconomic Policy Mix Other Determinants of Planned Investment Looking Ahead: The Price Level Appendix: The IS-LM Diagram © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 2 of 27
3.
MONEY, THE INTEREST
RATE, AND OUTPUT: ANALYSIS AND POLICY CHAPTER 25: Money, the Interest Rate, and Output: goods market The market in which goods and services are exchanged and in which the equilibrium level of Analysis and Policy aggregate output is determined. money market The market in which financial instruments are exchanged and in which the equilibrium level of the interest rate is determined. © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 3 of 27
4.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: There are two key links between the goods market and the money market: Analysis and Policy ■ Link 1: Income and the Demand for Money Income, which is determined in the goods market, has considerable influence on the demand for money in the money market. ■ Link 2: Planned Investment Spending and the Interest Rate The interest rate, which is determined in the money market, has significant effects on planned investment in the goods market. © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 4 of 27
5.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Analysis and Policy FIGURE 12.1 Links Between the Goods Market and the Money Market © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 5 of 27
6.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: INVESTMENT, THE INTEREST RATE, AND THE GOODS MARKET Analysis and Policy When the interest rate falls, planned investment rises. When the interest rate rises, planned investment falls. FIGURE 12.2 Planned Investment Schedule © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 6 of 27
7.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Analysis and Policy FIGURE 12.3 The Effect of an Interest Rate Increase on Planned Aggregate Expenditure © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 7 of 27
8.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: The effects of a change in the interest rate include: ■ High interest rate (r) discourages planned investment (I). ■ Planned investment is a part of planned aggregate expenditure (AE). ■ Thus, when the interest rate rises, planned aggregate expenditure (AE) at every level of income falls. Analysis and Policy ■ Finally, a decrease in planned aggregate expenditure lowers equilibrium output (income) (Y) by a multiple of the initial decrease in planned investment. Using a convenient shorthand: r ↑→ I ↓→ AE ↓→ Y ↓ r ↓→ I ↑→ AE ↑→ Y ↑ © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 8 of 27
9.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: MONEY DEMAND, AGGREGATE OUTPUT (INCOME), AND THE MONEY MARKET Analysis and Policy FIGURE 12.4 Equilibrium in the Money Market © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 9 of 27
10.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Analysis and Policy FIGURE 12.5 The Effect of an Increase in Income (Y) on the Interest Rate (r) © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 10 of 27
11.
THE LINKS BETWEEN
THE GOODS MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: The equilibrium level of the interest rate is not determined exclusively in the money market. Changes in aggregate output (income) (Y), which take place in the goods market, shift the money demand curve and cause changes in the interest rate. With a given quantity of money supplied, higher levels of Y will lead to higher equilibrium levels of r. Lower levels of Y will lead to lower equilibrium Analysis and Policy levels of r, as represented in the following symbols: Y ↑→ M d ↑→ r ↑ Y ↓→ M ↓→ r ↓ d © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 11 of 27
12.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: EXPANSIONARY POLICY EFFECTS expansionary fiscal policy An increase in government spending or a Analysis and Policy reduction in net taxes aimed at increasing aggregate output (income) (Y). expansionary monetary policy An increase in the money supply aimed at increasing aggregate output (income) (Y). © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 12 of 27
13.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Expansionary Fiscal Policy: An Increase in Government Purchases (G) or a Decrease in Net Taxes (T) Analysis and Policy crowding-out effect The tendency for increases in government spending to cause reductions in private investment spending. © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 13 of 27
14.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Analysis and Policy FIGURE 12.6 The Crowding-Out Effect © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 14 of 27
15.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: interest sensitivity or insensitivity of planned investment The responsiveness of planned investment spending to changes in the interest rate. Analysis and Policy Interest sensitivity means that planned investment spending changes a great deal in response to changes in the interest rate; interest insensitivity means little or no change in planned investment as a result of changes in the interest rate. Effects of an expansionary fiscal policy: G ↑→ Y ↑→ M d ↑→ r ↑→ I ↓ Y increases less than if r did not increase © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 15 of 27
16.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Expansionary Monetary Policy: An Increase in the Money Supply Analysis and Policy Effects of an expansionary monetary policy: M s ↑→ r ↓→ I ↑→ Y ↑→ M d ↑ d r decreases less than if M did not increase © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 16 of 27
17.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Expansionary Policy in Action: The Recessions of 1974–1975, 1980–1982, 1990–1991, and 2001 Analysis and Policy FIGURE 12.7 Fed Accommodation of an Expansionary Fiscal Policy © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 17 of 27
18.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: CONTRACTIONARY POLICY EFFECTS Contractionary Fiscal Policy: A Decrease in Government Spending (G) or an Analysis and Policy Increase in Net Taxes (T) contractionary fiscal policy A decrease in government spending or an increase in net taxes aimed at decreasing aggregate output (income) (Y). Effects of a contractionary fiscal policy: G ↓ or T ↑→ Y ↓→ M d ↓→ r ↓→ I ↑ Y decreases less than if r did not decrease © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 18 of 27
19.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: Contractionary Monetary Policy: A Decrease in the Money Supply Analysis and Policy contractionary monetary policy A decrease in the money supply aimed at decreasing aggregate output (income) (Y). Effects of a contractionary monetary policy: M s ↓→ r ↑→ I ↓→ Y ↓→ M d ↓ d r increases less than if M did not decrease © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 19 of 27
20.
COMBINING THE GOODS
MARKET AND THE MONEY MARKET CHAPTER 25: Money, the Interest Rate, and Output: THE MACROECONOMIC POLICY MIX policy mix The combination of monetary and fiscal policies in use at a given time. Analysis and Policy TABLE 12.1 The Effects of the Macroeconomic Policy Mix FISCAL POLICY Expansiona ry Contractio nary (↑ G or ↓ T ) (↓ G or ↑ T ) Expansiona ry Y ↑, r ?, I ?, C ↑ Y ?, r ↓, I ↑, C ? (↑ M s ) Monetary Policy Contractio nary Y ?, r ↑, I ↓, C ? Y ↓, r ?, I ?, C ↓ (↓ M s ) Key : ↑: Variable increases. ↓: Variable decreases. ? : Forces push the variable in different directions . Without additional informatio n, we cannot specify which way the variable moves. © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 20 of 27
21.
OTHER DETERMINANTS OF
PLANNED INVESTMENT CHAPTER 25: Money, the Interest Rate, and Output: The determinants of planned investment are ■ The interest rate Analysis and Policy ■ Expectations of future sales ■ Capital utilization rates ■ Relative capital and labor costs © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 21 of 27
22.
REVIEW TERMS AND
CONCEPTS CHAPTER 25: Money, the Interest Rate, and Output: contractionary fiscal policy contractionary monetary policy crowding-out effect Analysis and Policy expansionary fiscal policy expansionary monetary policy goods market interest sensitivity or insensitivity of planned investment money market policy mix © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 22 of 27
23.
Appendix A CHAPTER 25:
Money, the Interest Rate, and Output: THE IS-LM DIAGRAM THE IS CURVE An IS curve illustrates Analysis and Policy the negative relationship between the equilibrium value of aggregate output (income) (Y) and the interest rate in the goods market. FIGURE 12A.1 The IS Curve © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 23 of 27
24.
Appendix A CHAPTER 25:
Money, the Interest Rate, and Output: THE LM CURVE An LM curve illustrates the positive relationship Analysis and Policy between the equilibrium value of the interest rate and aggregate output (income) (Y) in the money market. FIGURE 12A.2 The LM Curve © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 24 of 27
25.
Appendix A CHAPTER 25:
Money, the Interest Rate, and Output: THE IS-LM DIAGRAM The IS-LM diagram is a way of depicting Analysis and Policy graphically the determination of aggregate output (income) and the interest rate in the goods and money markets. FIGURE 12A.3 The IS-LM Diagram © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 25 of 27
26.
Appendix A CHAPTER 25:
Money, the Interest Rate, and Output: Analysis and Policy FIGURE 12A.4 An Increase in Government Purchases (G) © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 26 of 27
27.
Appendix A CHAPTER 25:
Money, the Interest Rate, and Output: Analysis and Policy FIGURE 12A.5 An Increase in the Money Supply (M s) © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair 27 of 27
Jetzt herunterladen