Chapter 10. Economic Fluctuations. Homework: p. 301 # 1, 2a-c, 3b Link to syllabussyllabus

Fig. 10-1, p Real GDP Growth in the U.S.

Fig. 10-2, p Growth in Consumption and Investment

Fig p 277. Unemployment

Fig p Okun’s Law

Fig. 10-5, p The AD Curve

Fig. 10-6, p Shifts in the AD Curve

Fig. 10-7, p The Long Run AS Curve

Fig. 10-8, p Shifts in AD in the Long Run

Fig. 10-9, p The Short Run AS Curve

Fig , p Shifts in AD in the Short Run.

Fig p Long Run Equilibrium.

Fig , p A Reduction in AD

New SRAS

Fig , p An Increase in AD

Fig , p An Adverse Supply Shock.

Fig , p Accommodating an Adverse Supply Shock.