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  1. Boundless Lecture Slides Available on the Boundless Teaching Platform Free to share, print, make copies and changes. Get yours at www.boundless.com

  2. Using Boundless Presentations Boundless Teaching Platform Boundless empowers educators to engage their students with affordable, customizable textbooks and intuitive teaching tools. The free Boundless Teaching Platform gives educators the ability to customize textbooks in more than 20 subjects that align to hundreds of popular titles. Get started by using high quality Boundless books, or make switching to our platform easier by building from Boundless content pre-organized to match the assigned textbook. This platform gives educators the tools they need to assign readings and assessments, monitor student activity, and lead their classes with pre-made teaching resources. Get started now at: • The Appendix The appendix is for you to use to add depth and breadth to your lectures. You can simply drag and drop slides from the appendix into the main presentation to make for a richer lecture experience. http://boundless.com/teaching-platform • Free to edit, share, and copy Feel free to edit, share, and make as many copies of the Boundless presentations as you like. We encourage you to take these presentations and make them your own. If you have any questions or problems please email: educators@boundless.com Free to share, print, make copies and changes. Get yours at www.boundless.com

  3. About Boundless • Boundless is an innovative technology company making education more affordable and accessible for students everywhere. The company creates the world’s best open educational content in 20+ subjects that align to more than 1,000 popular college textbooks. Boundless integrates learning technology into all its premium books to help students study more efficiently at a fraction of the cost of traditional textbooks. The company also empowers educators to engage their students more effectively through customizable books and intuitive teaching tools as part of the Boundless Teaching Platform. More than 2 million learners access Boundless free and premium content each month across the company’s wide distribution platforms, including its website, iOS apps, Kindle books, and iBooks. To get started learning or teaching with Boundless, visit boundless.com. Free to share, print, make copies and changes. Get yours at www.boundless.com

  4. Introducing Aggregate Expenditure Aggregate Demand and Supply Introducing Aggregate Demand and Aggregate Supply Aggregate Demand Aggregate Supply ] The Aggregate Demand-Supply Model Aggregate Demand and Supply Free to share, print, make copies and changes. Get yours at www.boundless.com

  5. Aggregate Demand and Supply > Introducing Aggregate Expenditure Introducing Aggregate Expenditure • Defining Aggregate Expenditure: Components and Comparison to GDP • Aggregate Expenditure at Economic Equilibrium • Graphing Equilibrium • The Multiplier Effect Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/economics/textbooks/boundless-economics-textbook/aggregate-demand-and-supply-24/introducing-aggregate-expenditure-106/

  6. Aggregate Demand and Supply > Introducing Aggregate Demand and Aggregate Supply Introducing Aggregate Demand and Aggregate Supply • Explaining Fluctuations in Output • Classical Theory • Keynesian Theory Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/economics/textbooks/boundless-economics-textbook/aggregate-demand-and-supply-24/introducing-aggregate-demand-and-aggregate-supply-107/

  7. Aggregate Demand and Supply > Aggregate Demand Aggregate Demand • Introducing Aggregate Demand • The Slope of the Aggregate Demand Curve • Reasons for and Consequences of Shifts in the Aggregate Demand Curve Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/economics/textbooks/boundless-economics-textbook/aggregate-demand-and-supply-24/aggregate-demand-108/

  8. Aggregate Demand and Supply > Aggregate Supply Aggregate Supply • Introducing Aggregate Supply • The Slope of the Short-Run Aggregate Supply Curve • The Slope of the Long-Run Aggregate Supply Curve • Moving from Short-Run to Long-Run • Reasons for and Consequences of Shifts in the Short-Run Aggregate Supply Curve Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/economics/textbooks/boundless-economics-textbook/aggregate-demand-and-supply-24/aggregate-supply-109/

  9. Aggregate Demand and Supply > The Aggregate Demand-Supply Model The Aggregate Demand-Supply Model • Macroeconomic Equilibrium • Reasons for and Consequences of Shift in Aggregate Demand • Reasons for and Consequences of Shift in Aggregate Supply Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/economics/textbooks/boundless-economics-textbook/aggregate-demand-and-supply-24/the-aggregate-demand-supply-model-110/

  10. Appendix Free to share, print, make copies and changes. Get yours at www.boundless.com

  11. Aggregate Demand and Supply Key terms • aggregateA mass, assemblage, or sum of particulars; something consisting of elements but considered as a whole. • aggregateA mass, assemblage, or sum of particulars; something consisting of elements but considered as a whole. • aggregateA mass, assemblage, or sum of particulars; something consisting of elements but considered as a whole. • aggregateA mass, assemblage, or sum of particulars; something consisting of elements but considered as a whole. • aggregate demandThe the total demand for final goods and services in the economy at a given time and price level. • aggregate demandIn macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy at a given time and price level. • aggregate demandThe the total demand for final goods and services in the economy at a given time and price level. • aggregate supplyThe total supply of goods and services that firms in a national economy plan on selling during a specific time period. • capitalAlready-produced durable goods available for use as a factor of production, such as steam shovels (equipment) and office buildings (structures). • demandThe desire to purchase goods and services. • economic outputThe productivity of a country or region measured by the value of goods and services produced. • equilibriumThe condition of a system in which competing influences are balanced, resulting in no net change. Free to share, print, make copies and changes. Get yours at www.boundless.com

  12. Aggregate Demand and Supply • equilibriumThe condition of a system in which competing influences are balanced, resulting in no net change. • exogenousReceived from outside a group • expenditureThe act of incurring a cost or pay out. • expenditureAct of expending or paying out. • expenditureAct of expending or paying out. • factor of productionA resource employed to produce goods and services, such as labor, land, and capital. • fiscal multiplierThe ratio of a change in national income to the change in government spending that causes it. • gross domestic productA measure of the economic production of a particular territory in financial capital terms over a specific time period. • Keynesian EconomicsA school of thought that is characterized by a belief in active government intervention in an economy and the use of monetary policy to promote growth and stability. • liquidity trapInjections of cash into the private banking system by a central bank fail to lower interest rates and stimulate economic growth. • long-runThe conceptual time period in which there are no fixed factors of production. • multiplier effectA factor of proportionality that measures how much an endogenous variable changes in response to a change in some exogenous variable. Free to share, print, make copies and changes. Get yours at www.boundless.com

  13. Aggregate Demand and Supply • nominalWithout adjustment to remove the effects of inflation (in contrast to real). • outputProduction; quantity produced, created, or completed. • outputProduction; quantity produced, created, or completed. • self-regulatingDescribing something capable of controlling itself. • short-runWhen one or more factors are fixed. • supplyThe amount of some product that producers are willing and able to sell at a given price, all other factors being held constant. • supplyThe amount of some product that producers are willing and able to sell at a given price, all other factors being held constant. • Supply curveA graph that illustrates the relationship between the price of a good and the quantity supplied. • supply shockAn event that suddenly changes the price of a commodity or service. It may be caused by a sudden increase or decrease in the supply of a particular good. Free to share, print, make copies and changes. Get yours at www.boundless.com

  14. Aggregate Demand and Supply Aggregate supply This graph shows the three stages of aggregate supply. It is the total supply of goods and services that firms in a national economy plan to sell during a specific time period. Changes in aggregate supply cause shifts along the supply curve. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Aggregate supply."CC BYhttp://en.wikipedia.org/wiki/File:Aggregate_supply.svgView on Boundless.com

  15. Aggregate Demand and Supply John Maynard Keynes John Maynard Keynes introduced Keynesian theory in his book, The General Theory of Employment, Interest, and Money. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."John Maynard Keynes."Public domainhttp://en.wikipedia.org/wiki/File:John_Maynard_Keynes.jpgView on Boundless.com

  16. Aggregate Demand and Supply Adam Smith Adam Smith was one of the individuals who helped establish classical economic theory. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Smith."Public domainhttp://en.wikipedia.org/wiki/File:Smith.gifView on Boundless.com

  17. Aggregate Demand and Supply AD-AS Model This graph shows the AD-AS model where P is the average price level and Y* is the aggregate quantity demanded. The model is used to show how increases in aggregate demand leads to increases in prices (inflation) and in output. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."AS AD graph."CC BY-SAhttp://en.wikipedia.org/wiki/File:AS_+_AD_graph.svgView on Boundless.com

  18. Aggregate Demand and Supply Aggregate Expenditure This graph shows the aggregate expenditure model. It is used to determine and graph the real GPD, potential GDP, and point of equilibrium. A shift in supply or demand impacts the GDP. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Keynesian cross and growth in expenditure."CC BY-SAhttp://en.wikipedia.org/wiki/File:Keynesian_cross_and_growth_in_expenditure.pngView on Boundless.com

  19. Aggregate Demand and Supply AS-AD Model This AS-AD model shows how the aggregate supply and aggregate demand are graphed to show economic output. The AD curve shifts to the right which increases output and price. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."AS AD graph."CC BY-SAhttp://en.wikipedia.org/wiki/File:AS_+_AD_graph.svgView on Boundless.com

  20. Aggregate Demand and Supply Aggregate Demand and Supply This graph demonstrates the basic relationship between aggregate demand and aggregate supply. The aggregate demand curve is derived via the consumption, investment, government spending, and net export. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia.CC BY-SAhttp://upload.wikimedia.org/wikipedia/commons/9/96/Ad-ad-as.svgView on Boundless.com

  21. Aggregate Demand and Supply IS-LM Model The IS-LM model takes investments and savings and compares that to liquidity and the overall money supply. It is highly useful in understanding macroeconomics from a Keynesian perspective. Interest rates (i) are on the vertical axis, and output (y) is on the horizontal axis. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia.CC BY-SAhttp://upload.wikimedia.org/wikipedia/commons/b/b9/Islm.svgView on Boundless.com

  22. Aggregate Demand and Supply Aggregate Supply Curve This graph shows the aggregate supply curve. In the short-run the aggregate supply curve is upward sloping. When the curve shifts outward, it is due to an increase in output and real GDP. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Aggregate supply."CC BYhttp://en.wikipedia.org/wiki/File:Aggregate_supply.svgView on Boundless.com

  23. Aggregate Demand and Supply Aggregate Supply Aggregate supply is the total quantity of goods and services supplied at a given price. Its intersection with aggregate demand determines the equilibrium quantity supplied and price. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Aggregate Demand-Aggregate Supply."Public domainhttp://commons.wikimedia.org/wiki/File:Aggregate_Demand-Aggregate_Supply.jpgView on Boundless.com

  24. Aggregate Demand and Supply Aggregate Supply This graph shows the relationship between aggregate supply and aggregate demand in the short-run. The curve is upward sloping and shows a positive correlation between the price level and output. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Aggregate Demand-Aggregate Supply."Public domainhttp://commons.wikimedia.org/wiki/File:Aggregate_Demand-Aggregate_Supply.jpgView on Boundless.com

  25. Aggregate Demand and Supply Equilibrium Similar to microeconomic equilibrium, the macroeconomic equilibrium is the point at which the aggregate supply intersects the aggregate demand. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Supply-demand-equilibrium."GNU FDLhttp://zh.m.wikipedia.org/wiki/File:Supply-demand-equilibrium.svgView on Boundless.com

  26. Aggregate Demand and Supply Aggregate Supply This graph shows the aggregate supply curve. In the long-run the aggregate supply curve is perfectly vertical, reflecting economists' belief that changes in aggregate demand only cause a temporary change in an economy's total output. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Aggregate supply."CC BYhttp://en.wikipedia.org/wiki/Aggregate_supplyView on Boundless.com

  27. Aggregate Demand and Supply AS-AD Model The Aggregate Supply-Aggregate Demand Model shows how equilibrium is determined by supply and demand. It shows how increases and decreases in output and prices impact the economy in the short-run and long-run. The model is also used to show real and potential output. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."AS AD graph."CC BY-SAhttp://en.wikipedia.org/wiki/File:AS_+_AD_graph.svgView on Boundless.com

  28. Aggregate Demand and Supply Classical Aggregate Expenditure This graph shows the classical aggregate expenditure where C is consumption expenditure and I is aggregate investment. The aggregate expenditure is the aggregate consumption plus the planned investment (AE = C + I). Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Classical aggregate expenditure."CC BY-SAhttp://en.wikipedia.org/wiki/File:Classical_aggregate_expenditure.pngView on Boundless.com

  29. Aggregate Demand and Supply Aggregate Expenditure - Equilibrium In this graph, equilibrium is reached when the total demand (AD) equals the total amount of output (Y). The equilibrium point is where the blue line intersects with the black line. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."KeynesianCross 3."CC BY-SAhttp://en.wikipedia.org/wiki/File:KeynesianCross_3.pngView on Boundless.com

  30. Aggregate Demand and Supply Supply Shift A supply shock could be caused by changing regulations or a sudden change in the price of an input, among other reasons. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Supply-demand-right-shift-supply."CC BYhttp://commons.wikimedia.org/wiki/File:Supply-demand-right-shift-supply.pngView on Boundless.com

  31. Aggregate Demand and Supply 1953 U.S. Recession This graph shows the economic recession that occurred in the U.S. in 1953. During recessions, the government can use the multiplier effect in order to stimulate the economy. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."1953 recession in US."Public domainhttp://commons.wikimedia.org/wiki/File:1953_recession_in_US.jpgView on Boundless.com

  32. Aggregate Demand and Supply Mundell-Fleming Fixed Exchange Rate Illustration An increase in government spending forces the monetary authority to supply the market with local currency to keep the exchange rate unchanged. Shown here is the case of perfect capital mobility, in which the BoP curve (or, as denoted here, the FE curve) is horizontal. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia.CC BY-SAhttp://upload.wikimedia.org/wikipedia/commons/b/bf/Mundell-Fleming_example_fixed_exchange_rate_.pngView on Boundless.com

  33. Aggregate Demand and Supply Short-run Aggregate Supply This graph shows the Aggregate Suppy-Aggregate Demand model. In regards to aggregate supply, increases or decreases in the price level and output cause the aggregate supply curve to shift in the short-run. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."AS AD graph."CC BYhttp://en.wikipedia.org/wiki/File:AS_+_AD_graph.svgView on Boundless.com

  34. Aggregate Demand and Supply Aggregate Supply/Aggregate Demand This graph illustrates the relationship between price and output within a given economic system in the context of aggregate demand and supply. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia.CC BY-SAhttp://upload.wikimedia.org/wikipedia/commons/2/25/AS_+_AD_graph.svgView on Boundless.com

  35. Aggregate Demand and Supply Attribution • Wiktionary."gross domestic product."CC BY-SA 3.0http://en.wiktionary.org/wiki/gross_domestic_product • Wiktionary."expenditure."CC BY-SA 3.0http://en.wiktionary.org/wiki/expenditure • Wiktionary."aggregate."CC BY-SA 3.0http://en.wiktionary.org/wiki/aggregate • Wikipedia."Aggregate Expenditures Model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_Expenditures_Model • Wikipedia."Aggregate expenditure."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_expenditure • Wiktionary."equilibrium."CC BY-SA 3.0http://en.wiktionary.org/wiki/equilibrium • Wiktionary."expenditure."CC BY-SA 3.0http://en.wiktionary.org/wiki/expenditure • Wiktionary."aggregate."CC BY-SA 3.0http://en.wiktionary.org/wiki/aggregate • Wikipedia."Aggregate expenditure."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_expenditure • Wikipedia."Aggregate expenditure."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_expenditure • Wikipedia."Aggregate Expenditures Model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_Expenditures_Model • Wikipedia."Economic equilibrium."CC BY-SA 3.0http://en.wikipedia.org/wiki/Economic_equilibrium • Wiktionary."equilibrium."CC BY-SA 3.0http://en.wiktionary.org/wiki/equilibrium • Wikipedia."aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/aggregate%20demand • Wikipedia."aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/aggregate%20supply • Wikipedia."Aggregate expenditure."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_expenditure • Wikipedia."Economic equilibrium."CC BY-SA 3.0http://en.wikipedia.org/wiki/Economic_equilibrium Free to share, print, make copies and changes. Get yours at www.boundless.com

  36. Aggregate Demand and Supply • Wikipedia."Aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_demand • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wikipedia."Aggregate Expenditures Model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_Expenditures_Model • Wikipedia."fiscal multiplier."CC BY-SA 3.0http://en.wikipedia.org/wiki/fiscal%20multiplier • Wikipedia."multiplier effect."CC BY-SA 3.0http://en.wikipedia.org/wiki/multiplier%20effect • Wikipedia."Multiplier Effect."CC BY-SA 3.0http://en.wikipedia.org/wiki/Multiplier_Effect • Wiktionary."economic output."CC BY-SA 3.0http://en.wiktionary.org/wiki/economic_output • Wiktionary."nominal."CC BY-SA 3.0http://en.wiktionary.org/wiki/nominal • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wikipedia."Output (economics)."CC BY-SA 3.0http://en.wikipedia.org/wiki/Output_(economics) • Wikipedia."Aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_demand • Wiktionary."self-regulating."CC BY-SA 3.0http://en.wiktionary.org/wiki/self-regulating • Wikipedia."Classical economics."CC BY-SA 3.0http://en.wikipedia.org/wiki/Classical_economics • Wikipedia."Keynesian Economics."CC BY-SA 3.0http://en.wikipedia.org/wiki/Keynesian%20Economics • Wikipedia."Austrian School."CC BY-SA 3.0http://en.wikipedia.org/wiki/Austrian_School • Wikipedia."Chicago school of economics."CC BY-SA 3.0http://en.wikipedia.org/wiki/Chicago_school_of_economics%23Discussion • Wiktionary."Keynesianism."CC BY-SAhttp://en.wiktionary.org/wiki/Keynesianism • Wikipedia."Keynesian economics."CC BY-SA 3.0http://en.wikipedia.org/wiki/Keynesian_economics • Wiktionary."expenditure."CC BY-SA 3.0http://en.wiktionary.org/wiki/expenditure Free to share, print, make copies and changes. Get yours at www.boundless.com

  37. Aggregate Demand and Supply • Wikipedia."aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/aggregate%20demand • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wikipedia."Aggregation problem."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregation_problem • Wikipedia."Aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_demand • Wikibooks."Macroeconomics/Aggregate Demand."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Demand • Wikipedia."liquidity trap."CC BY-SA 3.0http://en.wikipedia.org/wiki/liquidity%20trap • Wikipedia."IS–LM model."CC BY-SA 3.0http://en.wikipedia.org/wiki/IS%E2%80%93LM_model • Wikipedia."Mundell–Fleming model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Mundell%E2%80%93Fleming_model • Wikipedia."Keynes effect."CC BY-SA 3.0http://en.wikipedia.org/wiki/Keynes_effect • Wikipedia."Pigou effect."CC BY-SA 3.0http://en.wikipedia.org/wiki/Pigou_effect • Wikipedia."Aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_demand • Wikibooks."Macroeconomics/Aggregate Demand."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Demand • Wiktionary."exogenous."CC BY-SA 3.0http://en.wiktionary.org/wiki/exogenous • Wikipedia."Aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_demand • Wikibooks."Macroeconomics/Aggregate Demand."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Demand • Wiktionary."output."CC BY-SA 3.0http://en.wiktionary.org/wiki/output • Wikipedia."factor of production."CC BY-SA 3.0http://en.wikipedia.org/wiki/factor%20of%20production • Wikibooks."Macroeconomics/Aggregate Supply."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Supply • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply Free to share, print, make copies and changes. Get yours at www.boundless.com

  38. Aggregate Demand and Supply • Wikipedia."supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/supply • Wiktionary."aggregate."CC BY-SA 3.0http://en.wiktionary.org/wiki/aggregate • Wikibooks."Macroeconomics/Aggregate Supply."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Supply • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wikipedia."long-run."CC BY-SA 3.0http://en.wikipedia.org/wiki/long-run • WIKIPEDIA."Productivity."CC BY-SA 3.0http://en.wikipedia.org/wiki/Productivity • WIKIPEDIA."Long-run."CC BY-SA 3.0http://en.wikipedia.org/wiki/Long-run • WIKIBOOKS."Macroeconomics/Aggregate Supply."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Supply • WIKIPEDIA."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wiktionary."capital."CC BY-SA 3.0http://en.wiktionary.org/wiki/capital • Wikibooks."Macroeconomics/Aggregate Supply."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Supply • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wikipedia."Long run and short run."CC BY-SA 3.0http://en.wikipedia.org/wiki/Long_run_and_short_run • Boundless Learning."Boundless."CC BY-SA 3.0http://www.boundless.com//economics/definition/short-run • Wikipedia."Aggregate supply-aggregate demand model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply-aggregate_demand_model • Wikipedia."Short run."CC BY-SA 3.0http://en.wikipedia.org/wiki/Short_run • Wikibooks."Macroeconomics/Aggregate Supply."CC BY-SA 3.0http://en.wikibooks.org/wiki/Macroeconomics/Aggregate_Supply • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wiktionary."demand."CC BY-SA 3.0http://en.wiktionary.org/wiki/demand Free to share, print, make copies and changes. Get yours at www.boundless.com

  39. Aggregate Demand and Supply • Wikipedia."supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/supply • Wiktionary."aggregate."CC BY-SA 3.0http://en.wiktionary.org/wiki/aggregate • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wikipedia."Supply and demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Supply_and_demand%23Equilibrium • Wikipedia."Economic equilibrium."CC BY-SA 3.0http://en.wikipedia.org/wiki/Economic_equilibrium • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply • Wikipedia."Aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_demand • Wikipedia."Aggregate supply-aggregate demand model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply-aggregate_demand_model%23Aggregate_demand_curve • Wiktionary."output."CC BY-SA 3.0http://en.wiktionary.org/wiki/output • Boundless Learning."Boundless."CC BY-SA 3.0http://www.boundless.com//economics/definition/supply-curve-4e5c3551-d841-4b22-9e07-5ff14099db3b • Wikipedia."aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/aggregate%20demand • Wikipedia."Aggregate Demand-Aggregate Supply model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_Demand-Aggregate_Supply_model • Wikipedia."Aggregate demand."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_demand • Wikipedia."supply shock."CC BY-SA 3.0http://en.wikipedia.org/wiki/supply%20shock • Wikipedia."Aggregate supply-aggregate demand model."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply-aggregate_demand_model%23Shifts_of_aggregate_demand_and_aggregate_supply • Wikipedia."Aggregate supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Aggregate_supply Free to share, print, make copies and changes. Get yours at www.boundless.com

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