The Circular Flow Model.ppt

:伍非英文名:FeiWu昵称:废物尊称:废物老师Disclaimer免责声明 EconomicsisNOTabout… …howtomakemoney Economicsisabout… …Well,it’:TheCircularFlowModel&GDP宏观经济学启蒙:循环流量模型&国内生产总值TheCircularFlowModel(Two-Sector)eProductMarketOutputExpenditureRevenueThreeApproaches????eApproach?OutputApproachExpenditureApproachGDP(GrossDomesticProduct)Therearefourroommateswithbackpains...Roommates:J,K,L,MTheCouchMassagex$DPYes,it’’sNOTajoke!1JK1:KL2JKKL2:LM3LM3:MJ4MJ4:Hasthetotalquantityofmoneychanged?Ifnot,doesitmeanthefourroommateshavelaboredinvain?LessonsLearnedTheearthtakenasawhole(orbeinglookedatfromtheouterspace)…It’stheflowofrealstuff(thematerialflow)thatreallymatters;and money(thecashflow),realstuffgetsusedupandneedstobereplenished(althoughitcanbeclaimedthat…),but moneysimplychangeshand--withitstotalquantitystayingconstant,(Four-Sector)TheStandardChartinMostTextbooksTheCircularFlowModel(Four-Sector)eProductMarketOutputConsumptionRevenueFinancialIntermediariesGovernmentForeignCountriesSavingeXportInvestmentGPurchaseiMportTax