'Aggregate supply curve shifts' presentation slideshows

Chapter 11 Classical vs. Keynesian

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Classical vs Keynesian

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The Policy Debate: Active or Passive?

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Chapter 10

Chapter 10. Bringing in the Supply Side: Unemployment and Inflation?. We might as well reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper, as whether value is governed by [demand] or [supply]. ALFRED MARSHALL. Why AS?.

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Chapter 32

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MACROECONOMICS Practice MC Exam

MACROECONOMICS Practice MC Exam. From. College Board 2008. 1. If a certain combination of goods or services lies outside the production possibilities curve of an economy, which of the following is true . (a) Effective trade barriers have reduced foreign imports into the economy.

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Chapter 16: FISCAL POLICY

Chapter 16: FISCAL POLICY. Fiscal Policy and its effect on Aggregate Demand & aggregate supply. What is GOVERNMENT BUDGET?. The government budget is an annual statement of the revenues , the outlays , and surplus or deficit of the government . What is FISCAL POLICY ?.

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fiscal policy

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CHAPTER 16 ACHIEVING ECONOMIC STABILITY

CHAPTER 16 ACHIEVING ECONOMIC STABILITY. I. THE COST OF ECONOMIC INSTABILITY.

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Classical Economic Theory

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Simple Keynesian Model

Simple Keynesian Model. Planned aggregate expenditure = C + I + G + NX 45 degree line: all points where production (real GDP) = aggregate expenditure Equilibrium occurs where planned aggregate expenditure equals production. Equilibrium and Disequilibrium in the Keynesian Model.

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