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EXHIBIT 11.1 An Overview of Aggregate Demand And Supply

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Presentation on theme: "EXHIBIT 11.1 An Overview of Aggregate Demand And Supply"— Presentation transcript:

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

2 EXHIBIT 11.1 An Overview of Aggregate Demand And Supply

3 EXHIBIT 11.2 The Aggregate Demand Curve

4 EXHIBIT 11.3 Shifts of the Aggregate Demand Curve

5 EXHIBIT 11.4 The Short-Run Aggregate Supply Curve

6 EXHIBIT 11.5 Price Level Adjustments and the Individual Firm

7 EXHIBIT 11.6 Shifts of the Short-Run AS Curve

8 EXHIBIT 11.7 Equilibrium GDP and Price Level

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

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

11 EXHIBIT 11.10 Adjusting to Higher Aggregate Demand

12 EXHIBIT 11.11 Adjusting to lower Aggregate Demand

13 EXHIBIT 11.12 Shifts in the Long-Run Aggregate Supply Curve


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