Ch33 Macroeconomic Theories
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fundamentals of economics chapter 33 notes and lecture
Transcript of Ch33 Macroeconomic Theories
Warring Schoolsof
Macroeconomics
Chapter 33
According to Say’s Law, Supply Creates Its Own Demand as Prices Move to Balance Demand with
Aggregate Supply
Chapter 33 Figure 33-1
Aggregate Demand Helps Determine Output in the Keynesian
Approach
Chapter 33 Figure 33-2
Trends in Velocity
Chapter 33 Figure 33-3
Comparison of Monetarist and Keynesian Views
Chapter 33 Figure 33-4
Rate of Change of Income Velocity of M1
Chapter 33 Figure 33-5
Comparison of Multipliers in Forward-Looking and Adaptive
Models
Chapter 33 Figure 33-6
Chapter 33 Table 33-1
