Macro Economic Analysis

20 crores accelerator aggregate demand aggregate income aggregate supply assets average propensity business cycles Cambridge equations cash causes cheques classical economists commodities consumption expenditure consumption function crores definition of money deflation demand curve demand deposits demand for money depends depression economic activity effective demand efficiency of capital entrepreneurs equal equation of exchange example factors of production fall Fisher's equation full employment full employment level functions of money important increase in income inflation Keynes Keynesian level of employment level of income level of output liquid macro macro-economics marginal efficiency marginal propensity measures medium of exchange multiplier price level Prof profits propensity to consume purchase quantity of money Quantity Theory rate of interest real income rise in prices saving and investment Say's Law spend stability store of value supply of money terms of money total supply trade cycles transactions demand value of money wages