宏观经济学 教案 Chapter10.docxVIP

CHAPTER 10INCOME AND SPENDING Chapter Outline The consumption function The marginal propensity to consume and save The determination equilibrium income The expenditure multiplier The government and fiscal policy Income taxes as automatic stabilizers The actual and structural budget surplusChanges from the Previous Edition Most of the material in this chapter remains unchanged. Old Box 9-2 has been eliminated but its material on the estimated size of the expenditure multiplier has been extended and incorporated in the regular text at the end of Section 10-3. Figures 10-5, 10-7, and Figure 1 in