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Aggregate Expenditure (AE) Model Aggregate Income/Output (Y) Aggregate Consumption (C) Planned Aggregate Investment (I) Government Spending (G) After-Tax/Disposable Income (Y - T) Taxes (T) Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Tax Multiplier Multiplier C = a b(Y - T) AE = C I G Y = AE

Aggregate Expenditure (AE) Model Aggregate Income/Output (Y) Aggregate Consumption (C) Planned Aggregate Investment (I) Government Spending (G) After-Tax/Disposable Income (Y - T) Taxes (T) Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Tax Multiplier Multiplier C = a b(Y - T) AE = C I G Y = AE

Aggregate Expenditure (AE) Model Aggregate Income/Output (Y) Aggregate Consumption (C) Planned Aggregate Investment (I) Government Spending (G) Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Government Spending Multiplier Multiplier AE = C I G Y = AE

Aggregate Expenditure (AE) Model Aggregate Income/Output (Y) Aggregate Consumption (C) Planned Aggregate Investment (I) Government Spending (G) Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Government Spending Multiplier Multiplier AE = C I G Y = AE

Aggregate Expenditure (AE) Model Aggregate Consumption (C) Planned Aggregate Investment (I) Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Multiplier

Marginal Propensity to Consume (MPC), Marginal Propensity to Save (MPS), and Multiplier

How to Calculate Labor Force, Employment, and Unemployment Statistics

Employment: Definitions, Types of Unemployment, and Duration of Unemployment

Inflation: How to Calculate Inflation Rate from Consumer Price Index (CPI)

Inflation: Definitions, Headline and Core Inflation Rates, and Price Indexes

How to Calculate GDP Deflator

How to Calculate Real GDP

How to Calculate Nominal GDP

Gross Domestic Product (GDP): Nominal GDP, Real GDP, and GDP Deflator

Gross Domestic Product (GDP): Production, Expenditure, and Income Approaches

Introduction to Macroeconomics: Topics in Macroeconomics, Business Cycle, and National Income/Output

Game Theory: One-Time Game, Repeated Game, and Nash Equilibrium

Oligopoly: Characteristics, Collusion, and the Vulnerability of Cartels to Collapse

Price Discrimination: First Degree, Second Degree, and Third Degree

Monopolistic Competition: Short Run and Long Run Profit Maximization

Monopoly: Short Run and Long Run Profit Maximization

Types of Markets and Perfect Competition: Short Run and Long Run Profit Maximization

Costs of Production: Short Run Costs and Long Run Costs

Long Run Production: Isoquant, Isocost, and Producer Equilibrium

Short Run Production: Total Product, Marginal Product, and Average Product

Budget Constraint, Indifference Curve, Lagrangian Method, and Consumer Equilibrium

Total Utility, Marginal Utility, and Consumer Equilibrium

Price Ceiling and Rent Control Policy

Price Floor and Minimum Wage Policy