EXHIBIT 11.1 An Overview of Aggregate Demand And Supply

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Presentation transcript:

Chapter 11: Aggregate Demand and Supply: The Model of the Self-Correcting Economy

EXHIBIT 11.1 An Overview of Aggregate Demand And Supply

EXHIBIT 11.2 The Aggregate Demand Curve

EXHIBIT 11.3 Shifts of the Aggregate Demand Curve

EXHIBIT 11.4 The Short-Run Aggregate Supply Curve

EXHIBIT 11.5 Price Level Adjustments and the Individual Firm

EXHIBIT 11.6 Shifts of the Short-Run AS Curve

EXHIBIT 11.7 Equilibrium GDP and Price Level

EXHIBIT 11.8 The Effects of Changes in Aggregate Demand on Real Output and Prices

EXHIBIT 11.9 The Effects of Changes in Aggregate Supply on Real Output and Prices

EXHIBIT 11.10 Adjusting to Higher Aggregate Demand

EXHIBIT 11.11 Adjusting to lower Aggregate Demand

EXHIBIT 11.12 Shifts in the Long-Run Aggregate Supply Curve

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