Browse All Chapters of This Textbook
Chapter 1 - Thinking Like An EconomistChapter 1A - Working With Equations, Graphs And TablesChapter 2 - Comparative AdvantageChapter 3 - Supply And DemandChapter 3A - Algebra Of Supply And DemandChapter 4 - Spending, Income And GdpChapter 5 - Inflation And Price LevelChapter 6 - Wages And UnemploymentChapter 7 - Economic GrowthChapter 8 - Saving, Capital Formation And Financial Market
Chapter 9 - Money, Prices And Financial IntermediariesChapter 10 - Short-term Economic FluctuationsChapter 11 - Spending And Output And Fiscal PolicyChapter 12 - Moneytary Policy And The Federal ReserveChapter 13 - Aggregate Demand, Aggregate Supply And Business CyclesChapter 14 - Macroeconomic PolicyChapter 15 - Exchange Rages, International Trade And Capital Flows
Book Details
Authors Bob Frank, Ben Bernanke, and introducing Kate Antonovics from the University of California San Diego, present a coherent short list of core principles in introductory economics and reinforce them by illustrating and applying each in numerous conte
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In general, the benefits from private lessons are greater than attending group lessons. People those...If telephone charges are $5 per month plus 10 cents for long distance calls, then the equation for...Comparative advantage refers the ability of a nation to produce goods and services at a lower...The demand curve can be interpreted horizontally and vertically. The demand curve shows the total...From the given information P=2Qs and P=8−2Qd, the equilibrium quantity of the product can be...The gross domestic product is the summation of the market value of all the final goods and services...The individual’s cost of living index will be related to their consumption of goods and services....There are five important trends in labor market. These are classified into two groups as trends in...The real GDP of a nation is always treated as a basic measure of the level of economic activity....
According to the given information, there are two options. Option 1: If Person J plans to go to...The wealth measures the current value of a stock of assets owned by someone or society as a whole....The existing banking system in our economy always helps for the better allocation of savings. The...When the economy is reach it peaks, the economic activities reach its heights. Then it begins to...The key assumption of the basic Keynesian model or the Keynesian cross is that ‘in the short run,...If the real interest rate increases, then people will desire to save more than they are essentially...The aggregate demand curve shows the quantity demand or short-run equilibrium output at different...When the tax rate increases, the disposable income of the people will decrease, which in turn reduce...When the government takes a contractionary monetary policy under flexible exchange rate, the policy...
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