Presentation is loading. Please wait.

Presentation is loading. Please wait.

Chapter 15. Dynamic Model of Aggregate Demand and Supply

Similar presentations


Presentation on theme: "Chapter 15. Dynamic Model of Aggregate Demand and Supply"— Presentation transcript:

1 Chapter 15. Dynamic Model of Aggregate Demand and Supply
Link to syllabus Chapter 14. Dynamic Model of Aggregate Demand and Supply

2 Figure 14-1, p. 416. Federal Funds Rate: Actual and Suggested

3 Figure 14-2. p. 419. The Dynamic Aggregate Supply Curve

4 Table 14-1 p. 417. Variables in the Model

5 Fig 14-3 p Dynamic AD Curve Table 14-1 p Variables in the Model

6 Fig. 14-4 p. 422. Short Run Equilibrium

7 Fig 14-5 p. 423. An Increase in the Natural Level of Output

8 Fig 14-6 p A Supply Shock Fig 14-6 p A Supply Shock

9 Fig 14-7 p. 426. Dynamic Response to a Supply Shock

10 Fig 14-8 p A Demand Shock. Fig 14-9 p A Demand Shock.

11 Fig. 14-9 p. 429. Response to a Demand Shock

12 Fig. 14-10 p. 430. A Reduction in Target Inflation

13 Fig. 14-11. Dynamic Response to a Reduction in Inflation

14 Fig 14-12 p. 433. Two Possible Responses to a Supply Shock
With a flat or a steep AD curve Fig p Two Possible Responses to a Supply Shock. With a flat or a steep AD curve

15 Fig. 14-13, p. 437 The Importance of the Taylor Principle

16


Download ppt "Chapter 15. Dynamic Model of Aggregate Demand and Supply"

Similar presentations


Ads by Google