macroeconomics 2 exam

 0    15 flashcards    beatabalcerzak
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Question English Answer English
Y
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income/GDP
C
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aggregate consumption
c(v)0
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autonomous consumption
c(v)1
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marginal propensity to consume
MPS
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marginal propensity to consume
T(v)0
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autonomous taxes
I(v)0
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autonomous investment
w
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investment sensitivity parameter
G(v)0
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government spending
t
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income tax rate
L(v)S0
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autonomous speculative demand
i
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speculative demand sensitivity
L(v)C0
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prevautionary demand sensitivity
M
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nominal money supply
P
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level of prices

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