PowerPoint Exhibit Slides to Accompany Principles of Economics Fred M. Gottheil Chapter 22 EQUILIBRIUM NATIONAL INCOME

EXHIBIT 1. CONSUMERS’ AND PRODUCERS’ EXHIBIT 1 CONSUMERS’ AND PRODUCERS’ INTENTIONS AND ACTIVITIES, BY STAGES, WHEN Y = $900 BILLION Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 2. CONSUMERS’ AND PRODUCERS’ EXHIBIT 2 CONSUMERS’ AND PRODUCERS’ INTENTIONS AND ACTIVITIES, BY STAGES, WHEN Y = $700 BILLION Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 3. CONSUMERS’ AND PRODUCERS’ EXHIBIT 3 CONSUMERS’ AND PRODUCERS’ INTENTIONS AND ACTIVITIES, BY STAGES, WHEN Y = $800 BILLION Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 4A THE EQUILIBRIUM LEVEL OF NATIONAL INCOME Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 4B THE EQUILIBRIUM LEVEL OF NATIONAL INCOME Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 5. CONSUMERS’ AND PRODUCERS’ EXHIBIT 5 CONSUMERS’ AND PRODUCERS’ INTENTIONS AND ACTIVITIES, BY STAGES, WHEN INVESTMENT INCREASES TO $130 BILLION AND Y = $800 BILLION Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 6A DERIVING EQUILIBRIUM AT Y = $950 BILLION Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 6B DERIVING EQUILIBRIUM AT Y = $950 BILLION Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 7 THE MAKING OF THE INCOME MULTIPLIER Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 8 CONVERTING AGGREGATE EXPENDITURE TO AGGREGATE DEMAND Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 9 THE MULTIPLIER EFFECT IN THE AE AND AD MODELS OF INCOME DETERMINATION Chapter 22 Equilibrium National Income © 2001 South-Western

EXHIBIT 10 THE PARADOX OF THRIFT Chapter 22 Equilibrium National Income © 2001 South-Western