LEADER 03004oam 2200481 450 001 9910827941103321 005 20231110225355.0 010 $a1-953349-25-0 035 $a(CKB)4100000011744790 035 $a(MiAaPQ)EBC6467091 035 $a(OCoLC)1236261829 035 $a(OCoLC-P)1236261829 035 $a(CaSebORM)9781953349255 035 $a(EXLCZ)994100000011744790 100 $a20210626d2021 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aMacroeconomics /$fDavid G. Tuerck 205 $aThird edition. 210 1$aNew York, New York :$cBusiness Expert Press,$d[2021] 210 4$d©2021 215 $a1 online resource (289 pages) $cillustrations 225 1 $aIssn 300 $aDescription based upon print version of record. 311 $a1-953349-24-2 320 $aIncludes bibliographical references and index. 327 $aChapter 1. Introduction -- Chapter 2. Macro measures -- Chapter 3. Individual equilibrium -- Chapter 4. Saving -- Chapter 5. Capital and labor -- Chapter 6. Economic growth -- Chapter 7. Taxes and the macroeconomy -- Chapter 8. Government spending -- Chapter 9. Monetary policy -- Chapter 10. Budget policy -- Chapter 11. Managing aggregate supply and aggregate demand -- Chapter 12. Diagnosing the economy -- Chapter 13. The twin U.S. contractions -- Chapter 14. Lessons from recent macroeconomic policy making. 330 3 $aThe task of macroeconomics is to provide the tools for understanding the performance of the aggregate economy, as measured by production, employment, inflation, and other economic indicators. Most books on this topic compare different theories of macroeconomic performance, under alternative assumptions about how individual consumers, workers and investors adjust to the economic environment in which they find themselves. This book brings these theories together under one methodological roof, where the choices made by economic agents depend on their varying perceptions of the economic constraints they face, combining new classical principles, under which the economy operates at full employment, with theories that allow for extended periods of underemployment brought about by mixed signals from workers and employers. The book takes up modern monetary theory and its bearing on the massive deficits run up the federal government over the ongoing 'corona contraction' and the earlier 'great contraction'. Thee author also reviews the policy interventions undertaken by the federal government during these contractions, with a view toward assessing their effectiveness. 410 0$aIssn 606 $aMacroeconomics 615 0$aMacroeconomics. 676 $a339 700 $aTuerck$b David G.$01097778 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bUtOrBLW 906 $aBOOK 912 $a9910827941103321 996 $aMacroeconomics$93937781 997 $aUNINA