Random Fact

In 2014, Indonesia had a population of 256 million people, a labor force of 124.3 million people, and an unemployment rate of 5.7%. Its 2014 per capita GDP was $10,200, and real GDP growth rate was 5% (CIA World Fact Book).

Unit 5: Models of Output Determination

Section 1: Keynes versus the Classicists
Section 2: The Keynesian Model
Section 3: Consumption and the Keynesian Multiplier
Section 4: The Tax Multiplier and the Balanced Budget Multiplier
Section 5: Critical Analysis of the Keynesian Model and the Importance of Savings to Increase Investment Spending
Section 6: Aggregate Demand and Aggregate Supply
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