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Macroeconomics

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Questions Answers
A keynesian term for a relation between the changes in demand for consumer goods and changes in the demand for capital goods accelerator
A type of inventory investment when customers buy a different amount of product than expected unintended
A keynesian term for a relation between the changes in consumption and changes in output multiplier
A situation with a very high levels of unemployment and very low levels of output, compared to the historical average depression
A neoclassical term for balance between the output, spendings and income equilibrium
Period in the busness cycle when the real output is increasing and unemployment is declining expansion
Period in the busness cycle when the output is decreasing and unemployment is rising recession

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