【正文】
L RATE 失業(yè)和自然失業(yè)率Labor force is the total number of workers, including both the employed and the :既包括就業(yè)者又包括失業(yè)者的工人總數(shù)。Unemployment rate is the percentage of the labor force that is :勞動(dòng)力中失業(yè)者所占的百分比。Laborforce participation rate is the percentage of the adult population that is in the labor :勞動(dòng)力占成年人口的百分比。Natural rate of unemployment is the normal rate of unemployment around which the unemployment rate :失業(yè)率圍繞它而波動(dòng)的正常失業(yè)率。Cyclical unemployment is the deviation of unemployment from its natural :失業(yè)率對(duì)自然失業(yè)率的背離。Discouraged workers are individuals who would like to work but have given up looking for a job 喪失信心的工人:想工作但已放棄尋找工作的人。Frictional unemployment is the unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and :由于工人尋找最適合自己嗜好和技能的工作需要時(shí)間而引起的失業(yè)。Structural unemployment is the unemployment that results because the number of jobs available in some labor markets is insufficient to provide a job for everyone who wants :由于某些勞動(dòng)市場(chǎng)上可提供的工作崗位數(shù)量不足以為每個(gè)想工作的人提供工作而引起的失業(yè)。Job search is the process by which workers find the appropriate jobs given their tastes and skills 尋找工作:在工人的嗜好與技能既定時(shí)工人尋找適當(dāng)工作的過程。Unemployment insurance is a government program that partially protects workers’ ines when they became :當(dāng)工人失業(yè)時(shí)為他們提供部分收入保障的政府計(jì)劃。Union is a worker association that bargains with employers over wages and working conditions 工會(huì):與雇主就工資、津貼和工作條件進(jìn)行談判的工人協(xié)會(huì)。Collective bargaining is the process by which unions and firms agree on the terms of : is the organized withdrawal of labor from a firm by a union 罷工:工會(huì)組織工人從企業(yè)撤出勞動(dòng)。Efficiency wages are aboveequilibrium wages paid by firms in order to increase worker productivity 效率工資:企業(yè)為提高工人生產(chǎn)率而支付的高于均衡水平的工資。第二十一章THE MONETARY SYSTEM 貨幣制度Money is the set of assets in an economy that people regularly use to buy goods and services from other :經(jīng)濟(jì)中人們經(jīng)常用于向其他人購買物品與勞務(wù)的一組資產(chǎn)。Medium of exchange is an item that buyers give to sellers when they want to purchase goods and :買者在購買物品與勞務(wù)時(shí)給予賣者的東西。Unit of account is the yardstick people use to post prices and record :人們用來表示價(jià)格和記錄債務(wù)的標(biāo)準(zhǔn)。Store of value is an item that people can use to transfer purchasing power from the present to the :人們可以用來把現(xiàn)在的購買力轉(zhuǎn)變?yōu)槲磥淼馁徺I力的東西。Liquidity is the ease with which an asset can be converted into the economy’s medium of :一種資產(chǎn)兌換為經(jīng)濟(jì)中交換媒介的容易程度。Commodity money is money that takes the form of a modity with intrinsic :以有內(nèi)在價(jià)值的商品為形式的貨幣。Fiat money is money without intrinsic value fiat is used as money because of government :沒有內(nèi)在價(jià)值、由政府法令確定作為通貨使用的貨幣。Currency is the paper bills and coins in the hands of :公眾手中持有的紙幣鈔票和鑄幣。Demand deposits are balances in bank accounts that depositions can access on demand by writing a :儲(chǔ)戶可以通過開支票而隨時(shí)支取的銀行賬戶余額。Federal reserve(Fed):the central bank of the United :美國(guó)的中央銀行。Central bank: an institution designed to oversee the banking system and regulate the quantity of money in the :為了監(jiān)管銀行體系和調(diào)節(jié)經(jīng)濟(jì)中的貨幣量而設(shè)計(jì)的機(jī)構(gòu)。Money supply is the quantity of money available in the :經(jīng)濟(jì)中可以得到的貨幣量。Monetary policy is the setting of the money supply by policymakers in the central bank 貨幣政策:中央銀行的決策者對(duì)貨幣供給的安排。Reserves are deposits that banks have received but have not loaned :銀行得到但沒有貸出去的存款。Fractionalreserve banking is a banking in which banks hold only a fraction of deposits as reserves 部分準(zhǔn)備金銀行:只把部分存款作為準(zhǔn)備金的銀行制度。Reserve ratio is the fraction of deposits that banks hold as :銀行作為準(zhǔn)備金持有的存款比例。Money multiplier is the amount of money the banking system generates with each dollar of reserve 貨幣乘數(shù):銀行體系用1美元準(zhǔn)備金所產(chǎn)生的貨幣量。Openmarket operation is the purchase and sale of bonds by the :美聯(lián)儲(chǔ)買賣美國(guó)政府債券。Reserve requirements are regulations on the minimum amount of reserves that banks must hold against deposits 法定準(zhǔn)備金:關(guān)于銀行必須根據(jù)其存款持有的最低準(zhǔn)備金量的規(guī)定。Discount rate is the interest rate on the loans that the Fed to :美聯(lián)儲(chǔ)向銀行發(fā)放貸款的利率。第二十二章 MONEY GROWTH AND INFLATION 貨幣增長(zhǎng)與通貨膨脹Quantity theory of money:a theory asserting that the quantity of money available determines the price level and that the growth rate in the quantity of money available determines the inflation rate 貨幣數(shù)量論:一種認(rèn)為可得到的貨幣量覺決定物價(jià)水平,可得到的貨幣量的增長(zhǎng)率決定通貨膨脹率的理論。Nominal variables are variables measured in monetary :按貨幣單位衡量的變量。Real variables are variables measured in physical :按實(shí)物單位衡量的變量。Classical dichotomy is the theoretical separation of nominal and :名義變量和真實(shí)變量的理論區(qū)分。Monetary neutrality is the proposition that changes in the money supply do not affect real :認(rèn)為貨幣供給變動(dòng)并不影響真實(shí)變量的觀點(diǎn)。Velocity of money is the rate at which money changes :貨幣易手的速度。Quantity equation is the equation M*V=P*Y which relates the quantity of money, the velocity of money, and the dollar value of the economy’s output of goods and :方程式M*V=P*Y,這個(gè)公式把貨幣量、貨幣流通速度和經(jīng)濟(jì)中物品與勞務(wù)產(chǎn)出的美元價(jià)值聯(lián)系在一起。Inflation tax is the revenue the government raises by creating :政府通過創(chuàng)造貨幣而籌集的收入。Fisher effect is the oneforone adjustment of the nominal interest rate to the inflation :名義利率對(duì)通貨膨脹率所進(jìn)行的一對(duì)一的調(diào)整。Shoeleather costs are the resources wasted when inflation encourages people to reduce their money :當(dāng)通貨膨脹鼓勵(lì)人們減少貨幣持有量時(shí)所浪費(fèi)的資源。Menu costs are the costs of changing :改變價(jià)格的成本。第二十三章AGGREGATE DEMAND AND AGGREGATE SUPPLY總需求與總供給Recession is period of declining real ines and rising :真實(shí)收入下降和失業(yè)增加的時(shí)期。Depression is a severe :嚴(yán)重的衰退。Model of aggregate demand and aggregate supply is the model that most economists use to explain shortrun fluctuations in economic activity around its longrun :大多數(shù)經(jīng)濟(jì)學(xué)家用來解釋經(jīng)濟(jì)活動(dòng)圍繞其長(zhǎng)期趨勢(shì)的短期波動(dòng)的模型Aggregatedemand curve is a curve that shows the quantity of goods and services that households, firms, and the government want to buy at each price :表示在每一種物價(jià)水平時(shí),家庭、企業(yè)、政府和外國(guó)客戶想要購買的物品與勞務(wù)量的曲線。Aggregatesupply curve is a curve that shows the quantity of goods and services that firms choose to produce and sell at each price :表示在每一種物價(jià)水平時(shí),企業(yè)選擇生產(chǎn)并銷售的物品與勞務(wù)量的一條曲線。Stagflation is period of falling output and rising :產(chǎn)量減少而物價(jià)上升的時(shí)期。第二十四章 THE INFLUERNCE OF MONETARY AND FISCAL POLICY ON AGGREGATE DEMAND 貨幣政策和財(cái)政政策對(duì)總需求的影響Theory of liquidity preference is Keynes’s theory that the interes