Copyright© 2008 South-Western, a part of Cengage Learning.. Copyright© 2008 South-Western, a part of Cengage Learning.. The Resource Market: Supply and Demand for Resources in the Circu
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Taking an Economic Pulse: Measuring National Output
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The Resource Market: Supply and Demand for
Resources in the Circular Flow Diagram
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The Real Goods and Services Market: Supply and Demand for Real Goods and Services in the Circular Flow Diagram
Trang 6Resource Market of the Circular Flow Diagram
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reserved
Personal Consumption Expenditures: One Component
of a Nation’s Demand
Trang 8Source: U.S Department of Commerce, Bureau of Economic Analysis, data from Federal Reserve Bank
of St Louis, Economic Data—FRED, http://research.stlouisfed.org/fred2/series/BOPBGS/downloaddata
(accessed January 3, 2006).
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reserved
Macroeconomic Equilibrium: Desired Demand Equals Desired Production
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Macroeconomic Leakages
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reserved
Macroeconomic Equilibrium II: Desired Leakages Equal Desired Injections
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Using the Circular Flow to Explain a Recession