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Adverse supply shocks - PowerPoint PPT Presentation

Macroeconomics of Business Cycles

Macroeconomics of Business Cycles

Macroeconomics of Business Cycles. macro. Growth rates of real GDP, consumption. Real GDP growth rate. Consumption growth rate. Average growth rate. Percent change from 4 quarters earlier. Growth rates of real GDP, consumption, investment. Real GDP growth rate. Investment growth rate.

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1.17k views • 107 slides
Topic 11: Aggregate Supply (Chapter 13)

Topic 11: Aggregate Supply (Chapter 13)

Topic 11: Aggregate Supply (Chapter 13). P. Y. A new and improved short run AS curve. Consider a more realistic case, in between the two extreme assumptions we considered before. the expected price level. agg. output. a positive parameter. natural rate of output. the actual price level.

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484 views • 36 slides
Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment

Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment

14. Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment. IN THIS CHAPTER, YOU WILL LEARN:. two models of aggregate supply in which output depends positively on the price level in the short run

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569 views • 35 slides
Instructor Sandeep Basnyat Sandeep_basnyat@yahoo 9841 892281

Instructor Sandeep Basnyat Sandeep_basnyat@yahoo 9841 892281

Macroeconomics & The Global Economy Ace Institute of Management Chapter 9: Economic Fluctuation (Business Cycle Theory). Instructor Sandeep Basnyat Sandeep_basnyat@yahoo.com 9841 892281. Introduction. Continual ups and downs in the rate of growth of national income

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353 views • 23 slides

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