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Macroeconomics | © John Petroff Source: PEOI |
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Assignment #1:
Draw the aggregate
expenditure graph. Show where the
equilibrium is. Explain why this is an equilibrium.
Assignment #2:
Draw the leakage-injection
graph.Show where the equilibrium is.
Explain why this is an equilibrium.
Assignment #3:
Draw the aggregate
expenditure graph. Show the multiplier
effect. Explain what is taking place in the multiplier effect.
Assignment #4:
Outline the process
called multiplier effect. Show how it is
calculated. Mention complex multipliers.
Assignment #5:
Explain the
lesson of the paradox of thrift. Show how it ties
in with the concept of multiplier.
Assignment #6:
Draw a consumption
line in the aggregate expenditure graph.
Explain what Keynes is showing with it.
Assignment #7:
Draw a consumption
line in the aggregate expenditure graph.
Is it stable? What causes it to shift?
Assignment #8:
How is saving presented
in the Keynesian model? Where and how
is it shown in the aggregate expenditure graph?
Assignment #9:
Explain how investment
is presented in the Keynesian model.
Mention its determinants. Why are the determinants external
to the model.
Assignment #10:
Explain why investment
in Keynesian view is independent of
income.
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Return to Chapter 8 KEYNESIAN EMPLOYMENT THEORY