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Macroeconomics

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Words

  1. A keynesian term for a relation between the changes in demand for consumer goods and changes in the demand for capital goods
  2. A type of inventory investment when customers buy a different amount of product than expected
  3. A keynesian term for a relation between the changes in consumption and changes in output
  4. A situation with a very high levels of unemployment and very low levels of output, compared to the historical average
  5. A neoclassical term for balance between the output, spendings and income
  6. Period in the busness cycle when the real output is increasing and unemployment is declining
  7. Period in the busness cycle when the output is decreasing and unemployment is rising

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