the keynesian model
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C HAPTER. The Keynesian Model. 18. EXHIBIT 2. T HE C ONSUMPTION F UNCTION. C ONSUMPTION F UNCTIONS FOR T WO M ARGINAL P ROPENSITIES TO C ONSUME. EXHIBIT 4. U.S. P ERSONAL C ONSUMPTION AND D ISPOSABLE I NCOME, 1933–2003. EXHIBIT 5. - PowerPoint PPT PresentationTRANSCRIPT
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The Keynesian ModelCHAPTER
18
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2Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 2 THE CONSUMPTION FUNCTION
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3Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 4 CONSUMPTION FUNCTIONS FOR TWO MARGINAL PROPENSITIES TO CONSUME
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4Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 5 U.S. PERSONAL CONSUMPTION AND DISPOSABLE INCOME, 1933–2003
Source: Bureau of Economic Research, http://www.bea.doc.gov/bea/dn/nipaweb/SelectTable.asp?Selected-N.
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5Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 6 MOVEMENT ALONG AND SHIFTS IN THE CONSUMPTION FUNCTION
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6Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 7 A COMPARISON OF THE VOLATILITY OF REAL INVESTMENT AND REAL CONSUMPTION, 1965–2003
Source: Bureau of Economic Analysis, http://www.bea.doc/bea/dn/nipaweb/SelectTable.asp?Selected=N, Table 1.1.1.
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7Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 8 MOVEMENT ALONG AND A SHIFT IN A FIRM’S INVESTMENT DEMAND
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8Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 9 THE AGGREGATE INVESTMENT DEMAND AND AUTONOMOUS INVESTMENT DEMAND CURVES
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9Tucker Economics for Today, 4e • Ch 18 The Keynesian Model© 2005 Thomson/South-Western
EXHIBIT 10 AGGREGATE EXPENDITURES FUNCTION DATA