CHAPTER 7 Aggregate Demand Aggregate Supply Exhibit 1
CHAPTER 7 Aggregate Demand Aggregate Supply
Exhibit 1 The Aggregate Demand Curve Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 80
Exhibit 2 Why the Aggregate Demand Curve is Downward. Sloping Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 81
Exhibit 2 Why the Aggregate Demand Curve is Downward. Sloping (Continued) Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 82
Exhibit 2 Why the Aggregate Demand Curve is Downward. Sloping (Continued) Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 83
Exhibit 3 A Change in the Quantity Demanded of Real GDP versus a Change in Aggregate Demand Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 84
Exhibit 4 Changes in Aggregate Demand Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 85
Exhibit 5 Factors That Change Aggregate Demand Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 86
Exhibit 6 The Short-Run Aggregate Supply Curve Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 87
Exhibit 7 Wage Rates and a Shift in the Short-Run Aggregate Supply Curve Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 88
Exhibit 8 Changes in Short-Run Aggregate Supply Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 89
Exhibit 9 Short-Run Equilibrium Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 90
Exhibit 10 Changes in Short-Run Equilibrium in the Economy Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 91
Exhibit 11 How a Factor Affects the Price Level, Real GDP, and the Unemployment Rate in the Short Run Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 92
Exhibit 12 A Summary Exhibit of AD and SRAS Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 93
Exhibit 13 Long-Run Aggregate Supply (LRAS) Curve Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 94
Exhibit 14 Equilibrium States of the Economy Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 95
Exhibit 15 Different States of the Economy Arnold Economics, 6 e / Ch. 7 Aggregate Demand Aggregate Supply © 2004 South-Western, a division of Thomson Learning™ 96
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