国际经济学第九版英文课后答案 第17单元.docVIP

*CHAPTER 17 (Core Chapter) THE INCOME ADJUSTMENT MECHANISM AND SYNTHESIS OF AUTOMATIC ADJUSTMENTS OUTLINE 17.1 Introduction 17.2 Income Determination in a Closed Economy 17.2a Determination of the Equilibrium National Income in a Closed Economy 17.2b The Multiplier in a Closed Economy 17.3 Income Determination in a Small Open Economy 17.3a Import Function Case Study 17-1: Income Elasticity of Imports and Exports in the Leading Industrial Countries 17.3b Determination of Equilibrium National Income in a Small Open Economy 17.3c Graphical Determination of the Equilibrium National Income Case Study 17-2: Savings, Investments, and the Current Account Balance in the Leading Industrial Nations 17.3d Foreign-Trade Multiplier 17.4 Foreign Repercussions Case Study 17-3: Growth in United States and Abroad, and U.S. Current Account Deficits Case Study 17-4: Growth and Current Account Balance in Developing Countries 17.5 Absorption Approach Case Study 17-5: Effect of the Asian Financial Crisis of the Late 1990s on OECD Countries 17.6 Monetary Adjustments and Synthesis of Automatic Adjustments 17.6a Monetary Adjustments 17.6b Synthesis of Automatic Adjustments Case Study 17-6: Interdependence in the World Economy 17.6c Disadvantages of Automatic Adjustments Appendix: A17.1 Derivation of Foreign Trade Multipliers with Foreign Repercussions A17.2 The Transfer Problem Once Again Key Terms Closed economy Import function Equilibrium level of national income (YE) Marginal propensity to import (MPM) Desired or planned investment Average propensity to import (MPM) Marginal propensity to consume (MPC) Income elasticity of imports (ny) Consumption function Export function Saving function Foreign trade multiplier (k) Marginal propensity to save (MPS) Foreign repercussions Investment function Absorption approach Multiplier (k)