First ,the relationship between actual output and the unemployment rate suggests that the level of output is a function of employment .This production function relationship is developed in Chapter 6 and is used throughout the rest of the book .
Finally ,we have the notion of actual output regulated by the level of demand, which is ,in turn ,strongly affected by monetary and fiscal policy changes-movements in the money supply ,government purchases, and tax rate 。
谢谢 由于涉及到专业词汇 机器翻译看的别扭 谢谢
|