Macroeconomics: Principles and Policy (MindTap Course List) - 13th Edition - by William J. Baumol, Alan S. Blinder - ISBN 9781305280601

Macroeconomics: Principles and Policy (...
13th Edition
William J. Baumol, Alan S. Blinder
Publisher: Cengage Learning
ISBN: 9781305280601

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Book Details

Master the principles of economics, and gain an understanding of current economic situations with the solid introduction and policy-based examples and applications found in MACROECONOMICS: PRINCIPLES AND POLICY, 13E. Written by two of the most respected economists in the world, this edition provides significant updates that reflect the latest economic situations and timely economic data. The authors combine the right level of rigor and detail to clarify even the most complicated concepts. Well-developed examples, intriguing puzzles and meaningful economic issues provide a good balance of theory to application.

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A recessionary gap emerges when aggregate demand is lower than the aggregate stockpile and short run...In table (2), the GDP of an economy equals to consumption expenditure when both are at $1,720; hence...The GDP equilibrium is the equilibrium output of such an economy is that level of output at which...Money multiplier can be defined as a cash multiplier is one of different firmly related proportions...The bank has $120 billion in cash, of which half is being held back as required reserves, which...Substituting the values of rate of interest 2 percent (r=0.02) in the investment function and the...With the help of given information, it is clear that the expected default rate on a mortgage-backed...The relationship between the demand for money and supply of money, as per Fisher’s quantity theory...Calculation of velocity of money According to Fisher's quantity theory of money, the demand for...The budget consist two words expenditure and income of the nation. If the income is greater than the...When the supply curve is vertical, the change in price adjusts any types of fluctuation in growth of...If there is no trade, the price of wine in terms of cloth in E is = 8/2 = 4 yards of cloth/ barrel...The below mentioned diagram shows the exchange rate being determined based on the supply of dollars...The relationship between supply of quantity and cost of goods or services, when represented...The monetary value of finished goods and services, being produced in a particular time frame, in an...

More Editions of This Book

Corresponding editions of this textbook are also available below:

MACROECONOMICS (LOOSELEAF)-PACKAGE
13th Edition
ISBN: 9781337492317
Macroeconomics: Principles and Policy
11th Edition
ISBN: 9780324586213
MACROECONOMICS
14th Edition
ISBN: 9781337794985
Macroeconomics: Principles and Policy
12th Edition
ISBN: 9780538453653

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