Slide 1 Slide 2 Frank & Bernanke Ch. 15: Inflation, Aggregate Demand, and Aggregate Supply Slide 3 Output Gaps and Policies AD > Y* => Expansionary Gap AD Recessionary…
District 3 - PHILADELPHIA President â Charles I. Plosser Presented by Mallory Holden & Colette Dubicki Charles I. Plosser INFLATION HAWK! BEWARE Decreased consumer spending…
Frank & Bernanke Ch. 15: Inflation, Aggregate Demand, and Aggregate Supply Output Gaps and Policies AD > Y* => Expansionary Gap AD < Y* => Recessionary Gap…
District 3 - PHILADELPHIA President â Charles I. Plosser Presented by Mallory Holden & Colette Dubicki Charles I. Plosser INFLATION HAWK! BEWARE Decreased consumer spending…