PowerPoint Exhibit Slides to Accompany Principles of Economics

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PowerPoint Exhibit Slides to Accompany Principles of Economics Fred M. Gottheil Chapter 19 AGGREGATE DEMAND AND AGGREGATE SUPPLY

EXHIBIT 1 THE BUSINESS CYCLE Chapter 19 Aggregate Demand and Aggregate Supply © 2001 South-Western

EXHIBIT 2. CONVERTING NOMINAL GDP TO REAL GDP: EXHIBIT 2 CONVERTING NOMINAL GDP TO REAL GDP: 1995–2000 ($ BILLIONS, 1996 = 100) Source: U.S. Department of Commerce, Bureau of Economic Analysis. Chapter 19 Aggregate Demand and Aggregate Supply © 2001 South-Western

EXHIBIT 3 AGGREGATE SUPPLY AND AGGREGATE DEMAND Chapter 19 Aggregate Demand and Aggregate Supply © 2001 South-Western

EXHIBIT 4 SHIFTS IN AGGREGATE DEMAND AND AGGREGATE SUPPLY Chapter 19 Aggregate Demand and Aggregate Supply © 2001 South-Western

EXHIBIT 5 ACHIEVING MACROECONOMIC EQUILIBRIUM Chapter 19 Aggregate Demand and Aggregate Supply © 2001 South-Western

EXHIBIT 6. AGGREGATE DEMAND AND AGGREGATE EXHIBIT 6 AGGREGATE DEMAND AND AGGREGATE SUPPLY DURING THE DEPRESSION AND WAR PERIOD AND THE OIL PRICE INCREASES Chapter 19 Aggregate Demand and Aggregate Supply © 2001 South-Western

EXHIBIT 7 OBTAINING FULL-EMPLOYMENT GDP WITHOUT INFLATION Chapter 19 Aggregate Demand and Aggregate Supply © 2001 South-Western

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