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training, and experience.人力資本:工人通過(guò)教育、培訓(xùn)和經(jīng)驗(yàn)而獲得的知識(shí)與技能。Catchup effect is the property whereby continues that start off poor tend to grow more rapidly than countries that start off rich.追趕效應(yīng):開(kāi)始時(shí)貧窮的國(guó)家傾向于比開(kāi)始時(shí)富裕的國(guó)家增長(zhǎng)更快。Stock is a claim to partial ownership in a firm股票:企業(yè)部分所有權(quán)的索取權(quán)。Private saving is the ine that households have left after paying for taxes and consumption.私人儲(chǔ)蓄:家庭在支付了稅收和消費(fèi)之后剩下來(lái)的收入。Market for loanable funds are the market in which those who want to save supply funds those who want to borrow to invest demand funds.可貸資金市場(chǎng):想儲(chǔ)蓄的人借以提供資金、想借錢投資的人借以借貸資金的市場(chǎng)。Future value: the amount of money in the future that an amount of money today will yield, given prevailing interest rates.未來(lái)值:在現(xiàn)行利率既定時(shí),現(xiàn)在的貨幣量將帶來(lái)的未來(lái)貨幣量。Idiosyncratic risk: risk that affects only a single economic actor.企業(yè)特有風(fēng)險(xiǎn):只影響一個(gè)公司的風(fēng)險(xiǎn)。Informationally efficient: reflecting all available information in a rational way.信息有效:以理性方式反映所有可獲得的信息的有關(guān)資產(chǎn)價(jià)格的描述。Laborforce participation rate is the percentage of the adult population that is in the labor force.勞動(dòng)力參工率:勞動(dòng)力占成年人口的百分比。Frictional unemployment is the unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills.摩擦性失業(yè):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)。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)。Medium of exchange is an item that buyers give to sellers when they want to purchase goods and services.交換媒介:買者在購(gòu)買物品與勞務(wù)時(shí)給予賣者的東西。Commodity money is money that takes the form of a modity with intrinsic value.商品貨幣:以有內(nèi)在價(jià)值的商品為形式的貨幣。Federal reserve(Fed):the central bank of the United States.聯(lián)邦儲(chǔ)備:美國(guó)的中央銀行。Reserves are deposits that banks have received but have not loaned out.準(zhǔn)備金:銀行得到但沒(méi)有貸出去的存款。Openmarket operation is the purchase and sale of . government bonds by the Fed.公開(kāi)市場(chǎng)活動(dòng):美聯(lián)儲(chǔ)買賣美國(guó)政府債券。Nominal variables are variables measured in monetary units.名義變量:按貨幣單位衡量的變量。Velocity of money is the rate at which money changes hands.貨幣流通速度:貨幣易手的速度。Shoeleather costs are the resources wasted when inflation encourages people to reduce their money holdings.皮鞋成本: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。Model of aggregate demand and aggregate supply is the model that most economists use to explain shortrun fluctuations in economic activity around its longrun trend.總需求與總供給模型:大多數(shù)經(jīng)濟(jì)學(xué)家用來(lái)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 level.總需求曲線: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(gòu)買的物品與勞務(wù)量的曲線。Multiplier effect is the additional shifts in aggregate demand that result when expansionary fiscal policy increases ine and thereby increases consumers spending.乘數(shù)效應(yīng):當(dāng)擴(kuò)張性財(cái)政政策增加了收入,從而增加了消費(fèi)支出時(shí)引起的總需求的額外變動(dòng)