Titlebook: Output, Inflation & Growth: An Introduction to Macro-Economics; D. C. Rowan Textbook 1974Latest edition Macmillan Publishers Limited 1974

夹死提手势

The Determination of Equilibrium Output,id in Chapter 6. We approach this task by developing . of the economic system. Since the economic system is complicated, the model, to be useful, must necessarily also be complicated. We shall begin, however, by constructing a model of extreme simplicity and introduce complexities later only when th

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使人入神

Spongy-Bone

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The Theory of the Price Level,level of prices exerts no influence in our model. Indeed if we look back at Chapter 11 we see that the price level is a determinant of the demand for active (.) balances and thus of the rate of interest. Since the rate of interest, given the M.E.I. schedule, determines (as explained in Chapter 10) t

思想灵活

Keynes and His Predecessors,del there is a risk that, in our detailed examination of its component parts, we have lost sight of its overall characteristics. To guard against this, in this chapter we take, as it were, a step back and attempt to set out the principal characteristics of the model as a whole. We begin by looking a

Cytology

Macmillan Publishers Limited 1974

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The Process of Economic Analysis,. Chapter 1 we defined the four main problems with which this book deals as being to explain.We have thus . particular aspects of the economic system for intensive study. How are we to set about analysing these problems?

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