Economics of Employment

40 billion dollars adjustment amount of money appendix to Chap benefits business cycles capital capitalist cent per annum chapter consumption costs crease currently curve deficits deflation depreciation depression economists effect efficiency employers equal equilibrium equilibrium level excess exchange flow of spending foreign France freedom frictional frictional unemployment full-employment policy Functional Finance greater high full employment important increase in spending individual inflation inflationary International Monetary Fund Keynesian economics less level of employment level of full level of income liquidity preference Marshall Plan Marxists means ment monetary national debt necessary nomic offset output ployment possible problem profits propensity to consume propensity to save prosperity raised rate of interest real wage reduce relative attractiveness resistances result rise Say's law social society stability stock of money taxes thing thrift tion total spending unem unemployed upside-down economy wage policy wages and prices willingness to lend workers