1. INCOME, INTEREST RATES, POLICY, AND THE OPEN ECONOMY
PART TWO
INCOME, INTEREST RATES, POLICY, AND THE OPEN ECONOMY

2. The Simple Keynesian Theory of Income Determination
Chapter 3
The Simple Keynesian Theory of Income Determination

3. Figure 3-1 A Simple Hypothesis Regarding Consumption Behavior
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4. Figure 3-2 The Relation Between Induced Consumption, Induced Saving, and the Consumption Function
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5. Figure 3-3 Consumption, Saving, and Disposable Income, 1929–2001
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6. Figure 3-4 How Equilibrium Income Is Determined

7. Figure 3-5 The Change in Equilibrium Income Caused by a $500 Billion Increase in Autonomous Planned Spending
Copyright © 2003 by Pearson Education, Inc.