MGEA06H3 Lecture Notes - Lecture 1: Employment-To-Population Ratio, Automatic Stabilizer, Investment Goods
4 Mar 2016
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MGEA06H3 Full Course Notes
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Iii jocelyn purchases a down filled jacket that is made in the. Iv mark spends on a meal in la prep at utsc. The labour force participation rate is unaffected, and unemployment rate is unaffected. An unemployment rate of 7. 31% and an employment rate of. I the level of investment is not affected by the change in consumption preference. Ii the country experiences a reduction in its trade balance. Iv the ae line has become steeper. Ad curve shifts to the left by 3200 and the equilibrium output . Iii it is possible for national saving to be different than investment. Iii budget deficit is determined in part by forces beyond the control of the government. Ii holding all else constant, the larger the multiplier, the smaller the increase in (autonomous) taxes is needed to close an inflationary gap. Iii to some extent, the effectiveness of automatic stabilizer depends on the size of the multiplier.
