Menu_06_Mar_06

Menu_06_Mar_06 - Business tax rates (-) d. Business...

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TODAY’S MENU: Monday 06 March 2006 I. BUSINESS A. Practice Problems 1. Chapter 9: 1-3, 5, 9 2. Chapter 10: 1, 4, 5, 7 B. Second exam: Next Friday (17 March) II. SUBSTANCE A. Saving: Graphical depiction 1. Determinants of saving a. Private Saving (y – C – T) b. Public Saving: Fiscal Policy (budget deficits/surpluses) (T – G) c. International Saving: Trade Deficits/Surpluses (IM – X) B. Investment Determinant: Expected Profitability 1. Determinant of quantity invested a. Real interest rate (-) 2. Determinants of investment a. Price of Physical Capital (-) b. Technological change (+) c.
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Unformatted text preview: Business tax rates (-) d. Business Confidence (expectations) i. Expected business cycle changes (+) ii. Animal spirits (+) C. Saving and Investment: Examples D. Money: Introductory comments 1. Market economy 2. Money vs. income vs. wealth E. Money: the basics 1. Definitions 2. Five functions a. Means of payment i. Medium of exchange ii. Means of unilateral payment b. Unit of account c. Standard of value d. Store of value e. Standard of deferred payment III: NEXT TIME A. Continue Chapter 10: Money, Prices, and the Fed...
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This note was uploaded on 04/09/2008 for the course ECON 2000 taught by Professor Roussell during the Spring '06 term at LSU.

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Menu_06_Mar_06 - Business tax rates (-) d. Business...

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