Slide 1 Slide 2 Slide 3 I. AD/AS Model To Analyze changes in real GDP & price level simultaneously Provides insights on inflation, unemployment, & economic growth…
Slide 1 Slide 2 Aggregate Demand and Aggregate Supply Slide 3 Chapter Objectives Aggregate Demand and the Factors That Cause it to Change Aggregate Demand and the Factors…
Slide 1 Slide 2 11 - 1 Copyright McGraw-Hill/Irwin, 2005 Aggregate Demand Changes in AD Determinants of AD Aggregate Supply Determinants of AS Equilibrium & Changes in…