macro 4 hour sleep ahh

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4 hour sleep schedule

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13 Terms

1
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Change in Investment Spending

AD Shift

2
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Change in Consumer Spending

AD Shift

3
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Change in Government Spending

AD Shift

4
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Change in Expectation

AD Shift

5
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Change in Input Price

AS Shift

6
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Change in Nominal Wages

AS Shift

7
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Change in Productivity

AS Shift

8
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Change in Government Policy

AS Shift

9
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MPC

Change in Consumption/Change In Income

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MPS

Change in Savings/Change in Income

11
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Autonamous Change in Spending

y = 1/(1-MPC) * AAS

12
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Consumption Function

C = a +MPC*yd

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Multiplier

Y/AAS = 1/(1-MPC)