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Aggregate Supply & Demand

Aggregate Supply & Demand. Lecture 9. The IS-LM Model => AD Curve. C=C ( G, T, i, GDPW ) I = I ( G, T, i, GDPW ) M = M ( G, T, i, GDPW ) X = X ( G, T, i, GDPW ) IS Curve: GDP = C+I+X-M +G = GDP ( G, T, i, GDPW ) (Simplified Money Demand) Md/P=GDP* L ( i) Money Supply=Ms

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Aggregate Supply &amp; Demand

Aggregate Supply & Demand