Banking shit %Δ money supply + %Δ velocity = %Δ price index (inflation) + %Δ production Leakages: Savings + T + Im, Injections: Id + G + X MPC = Change in consumer spending (C)/Change in Disposable Income (Y-T)
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This note was uploaded on 04/07/2008 for the course ECON 201 taught by Professor Witte during the Fall '08 term at Northwestern.