Aggregate Demand/Aggregate Supply The Alpha and Omega of Macroeconomics Graphs.
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. 9-1 CHAPTER 9 The Income-Expenditure Framework: Consumption and the Multiplier.
05 the keynesian model in action
1 Module 30: Long-run Implications of Fiscal Policy: Deficits and the Public Debt Module 30: Long-run Implications of Fiscal Policy: Deficits and the Public.
Are you here today? 20 1.yes 2.no. Chapter 4: A First Look at Macroeconomics Origins and issues of macroeconomics Economic growth Unemployment &
Aggregate Supply & Aggregate Demand NOT Supply & Demand Aggregate = Total national output (GDP) Two time frames.
Chapter 13 Fiscal Policy. The Multiplier Formula (cont’d) Can use this formula to find the impact on real GDP of any given change in aggregate demand:
1 Appendix 14A The Self-Correcting Aggregate Demand and Supply Model ©2004 South-Western.
Chapter 13
Aggregate Supply & Aggregate Demand