Transcript 18 C The Keynesian Model HAPTER

CHAPTER
18
The Keynesian Model
EXHIBIT 2
THE CONSUMPTION FUNCTION
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
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EXHIBIT 4
CONSUMPTION FUNCTIONS FOR TWO MARGINAL
PROPENSITIES TO CONSUME
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
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EXHIBIT 5
U.S. PERSONAL CONSUMPTION AND DISPOSABLE
INCOME, 1933–2003
Source: Bureau of Economic Research,
http://www.bea.doc.gov/bea/dn/nipaweb/SelectTable.asp?Selected-N.
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
© 2005 Thomson/South-Western
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EXHIBIT 6
MOVEMENT ALONG AND SHIFTS IN THE CONSUMPTION
FUNCTION
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
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EXHIBIT 7
A COMPARISON OF THE VOLATILITY OF REAL
INVESTMENT AND REAL CONSUMPTION, 1965–2003
Source: Bureau of Economic Analysis, http://www.bea.doc/bea/dn/nipaweb/SelectTable.asp?Selected=N, Table 1.1.1.
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
© 2005 Thomson/South-Western
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EXHIBIT 8
MOVEMENT ALONG AND A SHIFT IN A FIRM’S
INVESTMENT DEMAND
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
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EXHIBIT 9
THE AGGREGATE INVESTMENT DEMAND AND
AUTONOMOUS INVESTMENT DEMAND CURVES
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
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EXHIBIT 10
AGGREGATE EXPENDITURES FUNCTION DATA
Tucker Economics for Today, 4e • Ch 18 The Keynesian Model
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