Page 187 - DECO402_MACROECONOMIC_THEORY_PUNJABI

iekweI-18: AweI eys-eyl eym ivSlySx

ibAwj dI nIcI dr[GDP dy p`Dr iv`c ijvy-ijvy viriD huMdI hY mudrw mMg v`DdI jWdI hY[ idqI hoeI mudrw dI È؇
purqI qy, mudrw dy leI v`D mMg dw Bwv hY ik ibAwj dI auc`I dr [ vwsqivk GDP dy ifg`x dy nwl, ibAwz
dI dr ifg`dI hY[ ies GDP dw Bwv hY mudrw dy leI G`t mMg[jykr mudrw dI pUriq id`qI hOeI hY mudrw dy leI
G`t mMg dw Bwv hY G`t ibAwz dI dr[
LM vk`r dw cptwpn Aqy fUMGwpn vwsqivk GDP dy pirvrqn qON mudrw mMg dI sMvydnSIlqw (Sensitivity)
Aqy mudrw dI mMg iv`c pirvrqn dy kwrx ibAwz dI dr dI
sMvydnSIlqw qy inrBr krdw hY[ jykr mudrw dy leI mMg iv`c
bdlwv dw Anupwq vwsqivk GDP iv`c bdlwv qO v`D hY,
qd LM vkr ghrw (Steeper) hoxw cwihey, Aqy jykr mudrw
mMg iv`c bdlwv dw Anupwq vwsqivk GDP iv`c bdlwv qo
G`t hY qd vkr cptw (Flatter) hoxw cwieey[ jykr mudrw dy
leI mMg iv`c bdlwv nwl ibAwj dI dr AnukirAwSIlqw
(Responsiveness) G`t hY qd LM vkr ghrw Aqy jykr
ieh v`D hY qd LM vkr cptw hoxw cwihdw hY[
icqr 18.10 iv`c LM vkr dy swpyiSk cptypn Aqy ghrypn
ƒ ivKwieAw igAw hY[LM vkr LM dI qulnw iv`c swpySqAW
1 2
ghrw hY Aqy LM vkr swpySqAw cptw hY[LM dy mwmly
2 1
iv`c, mudrw mMg vwsqivk iv`c GDP bdlwv qo v`D sMvydnSIl icqr 18.10
hY Aqy mudrw dy leI mMg iv`c bdlwv nwl ibAwj dI dr G`t sMvydnSIl hY[LM dy mwmly iv`c mudrw mMg
2
vwsqivk GDP iv`c bdlwv nwl G`t sMvydnSIl hY Aqy ibAwj dI dr iv`c bdlwv qo v`D sMvydnSIl hY[

‡≈√’ IS vkr Aqy iesdI ivXuqpiq dy sMbD iv`c Apxy ivcwr pyS kro[

LM vkr iv`c iKskwv (Shift in LM Curve)
LM vkr iKcdy smy ieh mwinAqw ilqI jWdI hY ik kImq p`Dr Aqy mudrw dI purqI siQr rihdI hY[ jykr
iehdy iv`co dI koeI vI mwinAqw htw idqI jwvy qW LM vkr iv`c iKskwv Aw jwvygw[ AsI mudrw dI purqI
dw iDAwn kyNdrq krdy hW[ AsI ieh vyKxW cvWgy ik ikvy mudrw dI purqI iv`c viriD jW kMmI dy Plsvrup
LM vkr iKskdW hY[ iesƒ icqr 11(A Aqy B) rwhI ivKwieAw igAw hY[

LM vkr dy Flwx ƒ pRBwivq krx vwly do pRwcl
(Two Parameters Impacting Slope of LM Curve)
1. GDP ivc bdlwv dy pRiq mudrw mMg dI sMvydnSIlqw: GDP iv`c bdlwv dy pRiq mudrw mMg dI sMvydnSIlqw
ijnI v`D hovygI aunI hI v`D LM ryKw ghrI hovygI Aqy iehdy ault vI[ ikauik GDP iv`c bdlwv dy pRiq
mudrw mMg dI v`D sMvydnSIlqw dw Bwv hY L vkr dy s`jy pwsy v`D iKskwv hY[ iehdw Bwv GDP iv`c iek
inSicq bdlwv dy kwrx r iv`c v`D viriD Aqy LM ryKw dw ghrwpn hY[
not: ieQy GDP iv`c bdlwv dy pRiq mudrw mMg dI v`D sMvydnSIlqw dw inihqwrQ au`c sImWq apBog pRviriq
(Marginal propensity to Consume - MPC) dI siQiq hY, ikauik kyvl lyx-dyx dy soidAW (Transaction)
dI mMg dy leI GDP iv`c viriD dy Plsvrup mudrw dI mMg v`DdI hY n ik stw pRXojn dy leI[
2. ‘r’ iv`c bdlwv dy pRiq mudrw-mMg dI sMvydnSIlqw: r iv`c bdlwv dy pRiq mudrw-mMg dI sMvydnSIlqw qo
Bwv L vkr dy Flwn qo hY[ spSt qor qy L – vkr dI Flwn dw LM vk`r dI Flwx qy pRBwv pYdW hY[ r iv`c
bdlwv dy pRiq mudrw – mMg dI sMvydnSIlqw ijnI v`D hMudI hY aunW hI L vkr cptw huMdw hY[L vkr ijnW cptw

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