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Documents Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 12 Keynesian Business Cycle.....

Slide 1Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 12 Keynesian Business Cycle Theory: Sticky Wages and Prices Slide 2 Copyright © 2008 Pearson…

Technology Macroeconomics 17 dec

1.Macroeconomics December 17 20112. Aggregate Demand and Supply2 3. Aggregate Demand and Aggregate Supply»Some countries are rich and some are not! »Aggregate Demand and…

Documents Chapter Twenty-Two

22-* Introduction While the economy can and does move away from long-run equilibrium, it has a natural self-correcting mechanism. It returns it to the point where resources…