Sunday, November 2, 2008

Cicular Flow of Economic Activity



This chart is from my professor's book, The New Paradigm in Economics (Donald R. Byrne, Timothy D. Byrne, and Edward T. Derbin, revised January 2008. University of Detroit Mercy). It is a good depiction of general macroeconomic activity. 

No comments:

QE3 Is Here!

Move over QE2, QE3 is here! The markets are euphoric for now.