Economics: an analytical approach

addition aggregate amount analysis assets assume average balance banks become billion called capital cash cause cent Chapter checks combination competitive condition consequence considered constant consume consumption cost curve decrease demand deposits derived desired determined developed dollars earnings economic effect elasticity employment equal Equation equilibrium example excess exchange exist expected expenditures factors fall Federal Reserve banks Figure firm foreign function given gives hold important increase individual industry input investment labor less level of income loans machine marginal means ment national income output payments period position possible present problem production production function productive services profits purchase quantity rate of interest received reduce relation relationship relatively represents result returns rise savings schedule shift shown shows spending substitution supply Suppose Table tion trade units variables various wage