Transcript SHORT-RUN ECONOMIC FLUCTATIONS Aggregate Demand and Aggregate Supply Copyright©2004 South-Western Figure 1a A Look at Short-Run Economic Fluctuations Copyright©2004 South-Western.

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SHORT-RUN ECONOMIC FLUCTATIONS
Aggregate Demand
and
Aggregate Supply
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Figure 1a A Look at Short-Run Economic
Fluctuations
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Figure 1b A Look at Short-Run Economic
Fluctuations
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Figure 1c A Look at Short-Run Economic
Fluctuations
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Figure 2 Aggregate Demand and Aggregate
Supply
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Figure 3 The Aggregate-Demand Curve
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Table 1 The Aggregate-Demand Curve: Summary
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Figure 4 The Long-Run Aggregate-Supply Curve
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Figure 5 Long-Run Growth and Inflation in the
Model of AD and AS
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Figure 6 The Short-Run Aggregate-Supply Curve
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Table 2 The Short-Run Aggregate-Supply Curve:
Summary
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Figure 7 The Long-Run Equilibrium
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Figure 8 A Contraction in Aggregate Demand
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Figure 9 U.S. Real GDP Growth since 1900
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Figure 10 An Adverse Shift in Aggregate Supply
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Figure 11 Accommodating an Adverse Shift in
Aggregate Supply
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