73 The total market value of all final goods and services produced within a nati

Question

73 The total market value of all final goods and services produced within a nation's borders in a year 74. The income received by individuals (before tax income). 75. The total market value of all final goods and services produced within a nation's borders in a year after allowing for the replacement of the depreciated and worn out capital equipment a) Break-Even Income d) Marginal Propensity to Consume 76. b) Marginal Propensity to Save e) Multiplier e) Unintended Change in Iaventory Unplanned investment or disinvestment. The slope of the Keynesian savings function. The point at which households consume all their income and savings are zero. The slope of the Keynesian consumption function. The ratio of the change in GDP to the change in the initial spending level. 78. 79 a) Demand-Pull Inflation d) Loag-run Aggregate Supply 81 b) Cost-Push Inflationc) Short-run Aggregate Supply ) Immediate-short-run Aggregate Supply The aggregate supply curve associated with a time period in which input prices (especially nominal wages) are fully responsive to changes in the prices level. An aggregate supply curve relevant to a time period in which there are some changes in the overall price level, but input prices (particularly nominal wages) have not changed. 82. 83. Inflation resulting from higher costs of inputs, for example, higher wage rates or higher raw material prices. An aggregate supply curve for which real output, but not the price level, changes when the aggregate demand curve shifts; a horizontal curve that implies an inflexible price level 84. Increases in the price level resulting from an increase in aggregate demand at or near the full employment level. 85. b) Microeconomics e) Post hoc, ergo propter hoc Fallacy c) Fallacy of Composition a) Macroeconomies d) Ceteris Paribus The fallacy that confuses the fact that something follows an event with the idea that it was caused by the event 86.

Explanation / Answer

76-) Unintended change in inventory .

77-) Marginal propensity to save.

78-)Break even income.

79 ) Marginal propensity to consume.

80) Multiplier.

Related Questions

Navigate

• Browse (All)
• Browse 7
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.