Titlebook: Aggregate Economic Choice; Harland Wm. Whitmore Textbook 1986 Springer-Verlag Berlin Heidelberg 1986 Asia.Finance.business.economy.institu

解决

BORE

The Nonfinancial Business Sector in the Simple Model,for their shares if they were to sell them at time t. But, since all households are viewed as belonging to a single decision-making unit, any trading in existing shares at time t among households presumably fails to affect aggregate behavior. Consequently in this model the price of an existing share at time t remains a shadow price.

Delirium

The Nonfinancial Business Sector in the Expanded Model,tentatively) how many capital goods it will produce in both the current and next periods as well as how many of the capital goods it produces this period it will sell to the household or government sectors and how many it will acquire itself in order to facilitate next period’s production.

Nucleate

The Private Financial Sector,which its shareholders would have to place in their next best alternative (presumably in equity shares issued by the nonfinancial business sector) at time t in order to duplicate (period by period) the income which the private financial sector contemplates distributing to its owners over each of the next two periods.

fibroblast

The Complete Model of a Closed Economy,cial sector, equity shares of the nonfinancial business sector, personal loans, checkable deposits, government bonds and advances. Together these markets also constitute a market for high-powered money.

palliative-care

Jocose

甜食

Conventional Macro Models and Aggregate Economic Choice,all wages and prices at their “market clearing” levels, they cannot explain the existence of involuntary unemployment if wages and prices are free to vary. Consequently several assumptions underlying conventional macro models drastically reduce their ability to explain important aggregate economic phenomena.

Crayon

exigent

The Basic Structure,financial markets include those for labor, consumption goods (nondurables), and capital goods. Separate financial markets exist for checkable deposits, advances, IOU’s issued by the household sector, government bonds, equity shares issued by the private nonfinancial business sector, and equity share