Symbols and notations

A – technology aggregate demand (depending on income) – Z

AD – aggregate demand (depending on prices) aggregate demand (depending on prices) – AD
AJ – labor supply (job acceptance) autonomous consumption – c0
AS – short-term global supply capital – K
B – public transfers consumer expenditure (consumption) – C
C – consumer expenditure (consumption) currency – CU
CU – currency deposits – D
c0 – autonomous consumption disposable income – YD
c1 – propensity to consume employment – N
d1 – interest rate elasticity of investment expected inflation rate – πe
d2 – income elasticity of investment exports – X
D – deposits (cashless money) general price level – P
e – hypothetical investment for i = 0 government spending – G
E – nominal exchange rate hypothetical exports for Y = 0 and i = 0 – g
ɛ – real exchange rate hypothetical investment for i = 0 – e
f – impact of GDP gap on prices impact of GDP gap on prices – f
G – government spending imports – IM
g – hypothetical exports for Y = 0 and i = 0 income (output) – Y
h – interest rate elasticity of money demand income elasticity of imports (propensity to import) –
H – monetary base (base money) m
i – nominal interest rate income elasticity of investment – d2
I – investment income elasticity of money demand – k
IM – imports income tax – T
k – income elasticity of money demand inflation rate – π
K – capital interest rate elasticity of investment – d1
LD – labor demand interest rate elasticity of net exports – n
LF – labor force interest rate elasticity of money demand – h
M – nominal supply of money investment – I
m – income elasticity of imports (propensity to labor demand – LD
import) labor force – LF
Md – money demand (in nominal terms) labor supply – AJ
MS – real money supply monetary base (base money) – H
N – employment (hours worked) money demand – Md
N* – full (natural) employment natural (full) employment – N*
n – interest rate elasticity of net exports natural (potential) income – Y*
NT – net tax natural unemployment – u*
NX – net exports net exports – NX
P – general price level net tax – NT
π – inflation rate net tax rate – tn
πe – expected inflation rate nominal exchange rate – E
r – real interest rate nominal interest rate – i
S – savings nominal money supply – M
T – income tax nominal wage – W
tn – net tax rate propensity to consume – c1
U – unemployment public transfers – B
u – unemployment rate real exchange rate – ɛ
u* – natural unemployment rate real interest rate – r
v – vacancy rate real money supply – MS
W – nominal wage real wage – (W/P)
(W/P) – real wage savings – S
X – exports short-term global supply – AS
Y – income/output technology – A
YD – disposable income unemployment – U
Y* – natural (potential) output unemployment rate – u
Z – aggregate demand (depending on income) vacancy rate – v