List of Tables

Table 1.1: The Conditions and Results for Experiment 1

Table 1.2: The Conditions and Results for Experiment 2

Table 6.1: Total Utility and Marginal Utility

Table 6.2: Utility Maximization in the Traditional Theory

Table 6.3: The Paradox of Value

Table 7.1: Production Technology for a Pizzeria Operating in the Short Run

Table 7.2: Total Cost Information for a Pizzeria Operating in the Short Run

Table 7.3: Total Cost and Unit Cost Information for a Pizzeria Operating in the Short Run

Table 7.4: A Short Run Technology and Cost Example Using MS Excel (Incomplete)

Table 7.5: A Short Run Technology and Cost Example Using MS Excel (Complete)

Table 7.6: An Overview of Long Run Production Technologies

Table 7.7: The Relationship Between Long Run Technology and LRATC

Table 8.1: Three Profit/Loss Scenarios for a Pizzeria

Table 8.2: Revenue Measures for a Perfectly Competitive Firm

Table 8.3: Maximization of Total Economic Profit in the Short Run

Table 8.4: The Marginalist Approach to Profit Maximization

Table 8.5: Hypothetical Data for Five Industries

Table 8.6: Profit and Production Price Calculations for Five Industries

Table 8.7: Problem #5

Table 9.1: The Characteristics of Perfectly Competitive Markets and Monopolistic Markets

Table 9.2: Demand and Cost Information for a Monopolistic Firm

Table 11.1: Supply and Cost Information Facing a Perfectly Competitive Employer

Table 11.2: Supply and Cost Information Facing a Monopsony Employer

Table 12.1: Income Inequality Quintile Ratios in 2016

Table 12.2: U.S. Gini Index, 1979-2013 (not seasonally adjusted)

Table 12.3: Gross Domestic Product (GDP): An Example

Table 12.4: The Different Components of Aggregate Expenditure in the United States in 2017 (in billions of dollars)

Table 12.5: The Different Components of Aggregate Income in the United States in 2017 (in billions of dollars)

Table 12.6: Nominal GDP in Three Different Years

Table 12.7: Real GDP in Three Different Years

Table 12.8: The GDP Deflator (an index of prices)

Table 12.9: The Rate of Inflation

Table 12.10: Calculating the CPI: A Hypothetical Example (base year = 2007)

Table 12.11: Problems for Review #4 and #5

Table 12.12: Problem for Review #7

Table 14.1: Marx’s Theory of Competitive Profit Rate Formation

Table 14.2: Marx’s Theory of Competitive Profit Rate Formation with Variation of Turnover Time Across Industries

Table 14.3: The Marxian Perspective: The Theory of Capitalist Crises

Table 15.1: The Time Preferences of Three Consumers

Table 15.2: The Time Pattern of Endowments for Three Consumers

Table 15.3: The Time Pattern of Endowments and Desired Consumption for Three Consumers

Table 15.4: The Desired Net Borrowing per Period for Three Consumers

Table 15.5: The Actual Consumption, Actual Net Borrowing, and Final Tally

Table 16.1: Estimates of M1 and M2 in December 2017

Table 16.2: The Impact of $1 of New Bank Reserves on the M1 Money Supply

Table 16.3: A Numerical Example of Profit Rate Equalization Across Sectors

Table 16.4: The Formulas for the Static Case of Profit Rate Equalization Across Sectors

Table 16.5: Review Problem #9

Table 17.1: An Example with Central Bank Purchases of Securities (corporate bonds)

Table 17.2: An Example with Central Bank Discount Lending (A Low Discount Rate)

Table 17.3: An Example with Central Bank Discount Lending (A High Discount Rate)

Table 17.4: An Example with Central Bank Discount Lending (id = id*)

Table 18.1: The FY2015 Federal Budget, in millions of dollars

Table 18.2: The FY2015 Federal Budget, percentages

Table 18.3: The Federal Debt at the end of 2015, in billions of dollars

Table 18.4: Major Foreign Holders of Treasury Securities in December 2015, billions of dollars

Table 18.5: Income Tax Brackets and Rates for a Single Filer, 2017

Table 18.6: The Degree of Built-In Stability under Various Systems of Taxation

Table 18.7: A Numerical Example of Profit Rate Equalization across Sectors

Table 18.8: The Government Using Borrowed Capital to Finance Production in State-Owned Enterprises (SOEs) with φ = ½

Table 18.9: The Government Using Borrowed Capital to Purchase Privately Produced Commodities from Industry with φ = ½

Table 19.1: A Ricardian Presentation of Comparative Advantage Theory

Table 20.1: The U.S. Balance of Payments for 2014 (in millions of dollars)

Table 20.2: The U.S. Net International Investment Position for 2014 (in millions of dollars)

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