Aggregate expenditure, 48–51, 53–55
Aggregate market model, 57–75
Augmented Philips curve, 38, 39
Automatic fiscal stabilizers, 88
Autonomous consumption, 42
Balanced-budget multiplier, 52
Budget balance, 22
Budget deficits, 22
Budget line, 22
Budget surplus, 22
Bureau of Labor Statistics, 26
Business cycle, 34, 72–75
Capital based macroeconomics (CBM), 126
CBM. See Capital based macroeconomics
Civilian labor force, 36
Classical economics vs. Keynesian economics, 77
Comparative advantage, 21
Complements, 12
Consumer price index (CPI), 25
Consumption expenditure, 41–46
Consumption function, 41
CPI. See Consumer price index
CPS. See Current Population Survey
Crowding-out effect, 87–88
Currency ratio, 103
Current Population Survey (CPS), 35 ...
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