- 1、本文档共10页,可阅读全部内容。
- 2、有哪些信誉好的足球投注网站(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。
- 3、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
- 5、该文档为VIP文档,如果想要下载,成为VIP会员后,下载免费。
- 6、成为VIP后,下载本文档将扣除1次下载权益。下载后,不支持退款、换文档。如有疑问请联系我们。
- 7、成为VIP后,您将拥有八大权益,权益包括:VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
- 8、VIP文档为合作方或网友上传,每下载1次, 网站将根据用户上传文档的质量评分、类型等,对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
CHAPTER 26 曼昆经济学
CHAPTER 26 SAVING, INVESTMENT, AND THE FINANCIAL SYSTEM
LEARNING OBJECTIVES:
By the end of this chapter, students should understand:
some of the important financial institutions in the U.S. economy.
how the financial system is related to key macroeconomic variables.
the model of the supply and demand for loanable funds in financial markets.
how to use the loanable-funds model to analyze various government policies.
how government budget deficits affect the U.S. economy.
KEY POINTS:
The U.S. financial system is made up of many types of financial institutions, such as the bond market, the stock market, banks, and mutual funds. All these institutions act to direct the resources of households who want to save some of their income into the hands of households and firms who want to borrow.
National income accounting identities reveal some important relationships among macroeconomic variables. In particular, for a closed economy, national saving must equal investment. Financial institutions are the mechanism through which the economy matches one person’s saving with another person’s investment.
The interest rate is determined by the supply and demand for loanable funds. The supply of loanable funds comes from households who want to save some of their income and lend it out. The demand for loanable funds comes from households and firms who want to borrow for investment. To analyze how any policy or event affects the interest rate, one must consider how it affects the supply and demand for loanable funds.
National saving equals private saving plus public saving. A government budget deficit represents negative public saving and, therefore, reduces national saving and the supply of loanable funds available to finance investment. When a government budget deficit crowds out investment, it reduces the growth of productivity and GDP.
OUTLINE:
I. Definition of financial system: the group of institutions in the economy that help to match one person’s saving with another pers
您可能关注的文档
最近下载
- 机车电工国家职业标准.pdf VIP
- 大学教育名著选读-《论语》.pptx VIP
- 提高会计职业道德水平推进会计诚信体系建设——《会计人员职业道德规范》解读公需课答案-2025年度江苏南京市继续教育.docx VIP
- 典型教学口语案例.docx VIP
- 2025年一建《公路工程管理与实务》时间汇总.pdf VIP
- 2024年湖北省武汉市江岸区丹水池街道招聘社区工作者真题附答案详解.docx VIP
- 初中八年级下册英语阅读理解专题训练50套(含答案).docx VIP
- M1332B型 外圆磨床说明书完成版.pdf VIP
- 儿童暴发性心肌炎诊治专家建议(2025)解读PPT课件.docx VIP
- 《杨氏之子》说课稿《杨氏之子》说课稿.docx VIP
文档评论(0)