PL EN


2008 | 7 | 1 | 109-116
Article title

CONSIDERATIONS CONCERNING THE IMPACT OF PROPENSITIES ON BASIC MACROECONOMIC OCCURRENCES

Authors
Content
Title variants
Languages of publication
EN
Abstracts
EN
In the article theoretical deliberations relating to impact of propensities on basic macroeconomic phenomena were presented. A general definition of propensity was discussed. The influence of propensity for consumption, propensity for investment and propensity for thesaurization on national income, interest rates, consumption expenditures, investments and money supply was analyzed. Derivatives that make it possible to identify quantitative effects of propensities were introduced. On the basis of the discussed Keynesian model it is possible to say that the propensity to consume increases interest rate and national income, the propensity to invest makes investments, national income and interest rates higher and the propensity for thesaurization could increase interest rates by lowering money supply.
Contributors
  • Mariusz Doszyn, Uniwersytet Szczecinski, Wydzial Nauk Ekonomicznych i Zarzadzania, Katedra Ekonometrii i Statystyki, ul. Mickiewicza 64, 71-101 Szczecin, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
09PLAAAA07013
YADDA identifier
bwmeta1.element.0547599c-ed71-3fa4-aa66-f8e7c22a28df
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