4.2 Growth Versus Fluctuations Flashcards
1
Q
What is the main result of long-term economic growth?
A
- 4.1 Key Macroeconomic Variables
- 4.2 Growth Versus Fluctuations
- 5.1 National Output and Value Added
- 5.2 National Income Accounting: The Basics
- 5.3 National Income Accounting: Some Further Issues
- 6.1 Desired Aggregate Expenditure
- 6.2 Equilibrium National Income
- 6.3 Changes in Equilibrium National Income
- 7.1 Introducing Government
- 7.2 Introducing Foreign Trade
- 7.3 Equilibrium National Income
- 7.4 Changes in Equilibrium National Income
- 7.5 Demand-Determined Output
- 8.1 The Demand Side of the Economy
- 8.2 The Supply Side of the Economy
- 8.3 Macroeconomic Equilibrium
- 9.1 Three Macroeconomic States
- 9.2 The Adjustment Process
- 9.3 Aggregate Demand and Supply Shocks
- 9.4 Fiscal Stabilization Policy
- 10.1 The Nature of Economic Growth
- 10.2 Economic Growth: Basic Relationships
- 10.3 Economic Growth: Advanced Theories
- 10.4 Are There Limits to Growth?
- 11.1 The Nature of Money
- 11.2 The Canadian Banking System
- 11.3 Money Creation by the Banking System
- 11.4 The Money Supply
- 12.1 Understanding Bonds
- 12.2 The Theory of Money Demand
- 12.3 How Money Affects Aggregate Demand
- 12.4 The Strength of Monetary Forces
- 13.1 How the Bank of Canada Implements Monetary Policy
- 13.2 Inflation Targeting
- 13.3 Long and Variable Lags
- 13.4 Four Decades of Canadian Monetary Policy
- 14.1 Adding Inflation to the Model
- 14.2 Shocks and Policy Responses
- 14.3 Reducing Inflation
- 15.1 Employment and Unemployment
- 15.2 Unemployment Fluctuations
- 15.3 What Determines the NAIRU and 15.4 Reducing Unemployment
- 16.1 Facts and Definitions
- 16.2 Two Analytical Issues
- 16.3 The Effects of Government Debt and Deficits
- 16.4 Formal Fiscal Rules
- 19.1 The Balance of Payments
- 19.2 The Foreign-Exchange Market
- 19.3 The Determination of Exchange Rates
- 19.4 Three Policy Issues
