Copyright© 2008 South-Western, a part of Cengage Learning.. Copyright© 2008 South-Western, a part of Cengage Learning.. Louis, Economic Data—FRED II, http://research.stlouisfed.org/fred2
Trang 1Fiscal Policy and Automatic Stabilizers: What Managers Need to Know
Trang 2Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Source: U.S Economic Report of the President, 2006, http://www.gpoaccess.gov/eop/2006/2006_erp.pdf,
p 377 (accessed September 17, 2006).
Trang 3Source: U.S Economic Report of the President, 2005, http://www.gpoaccess.gov/eop/2006/2006_erp.pdf,
p 377 (accessed September 17, 2006).
Trang 4Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Trang 5Source: Federal Reserve Bank of St Louis, Economic Data—FRED II, http://research.stlouisfed.org/fred2/
(accessed September 17, 2006).
Trang 6Copyright© 2008 South-Western, a part of Cengage Learning All rights
reserved
Funds Market
Trang 7and an Upward-Sloping Supply of Real Loanable Funds
Trang 8Copyright© 2008 South-Western, a part of Cengage Learning All rights
reserved
Goods Market
Trang 9Loanable Funds Market
Trang 10Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Loanable Funds
Trang 11Source: The White House, Office of Management and Budget, 2005, from Federal Reserve Bank of St Louis,
Economic Data—FRED II, http://research.stlouisfed.org/fred2/ (accessed September 17, 2006).
Trang 12Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Trang 14Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Passive Deficits
Trang 16Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Trang 18Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Trang 20Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Source: Federal Reserve Bank of St Louis, Economic Data—FRED, http://research.stlouisfed.org/fred2/
(accessed September 17, 2006).
Trang 21Source: Federal Reserve Bank of St Louis, Economic Data—FRED, http://research.stlouisfed.org/fred2/
(accessed September 17, 2006).
Trang 22Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Trang 23Source: Federal Reserve Bank of St Louis, Economic Data—FRED, http://research.stlouisfed.org/fred2/
(accessed September 17, 2006).
Trang 24Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Ratios of Developed Nations for 2006
Source: OECD, Annex Table 32, ‘‘General Government Gross Liabilities: Percent of Nominal GDP,’’ http://
www.oecd.org/dataoecd/5/51/2483816.xls (accessed September 17, 2006).
Trang 25Imaginary Horizontal Line Is Crossed
Trang 26Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Monetary Base
Trang 27the Central Bank
Trang 28Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Percentage of Total Central Bank Liabilities: 2002
Source: Richard W.Kopcke, ‘‘The Practice of Banking in Other Industrialized Countries,’’ New England
Economic Review, Second Quarter 2002, p 7 Also available at http://www.bos.frb.org/economic/neer/
neer2002/neer202a.pdf (accessed September 17, 2006).
Trang 30Copyright© 2008 South-Western, a part of Cengage Learning All rights reserved.
Potential Money Supply