Содержание
- 2. 11-1 The Goods Market and the IS Curve 11-2 The Money Market and the LM Curve
- 3. Aggregate Demand I: Building the IS–LM Model Classical theory (Ch.3-7) seemed incapable of explaining the Depression.
- 4. Aggregate Demand I: Building the IS–LM Model Our goal is to identify the variables that shift
- 5. Aggregate Demand I: Building the IS–LM Model Shifts in Aggregate Demand For a given P, national
- 6. The two parts of the IS–LM model the IS curve stands for “investment’’ and “saving,’’ represents
- 7. The IS curve plots the relationship between the r & the level of Y that arises
- 8. 11-1 The Goods Market and the IS Curve The Keynesian Cross The Interest Rate, Investment, and
- 9. 11-1 The Goods Market and the IS Curve The Keynesian Cross The Interest Rate, Investment, and
- 10. Planned Expenditure as a Function of Income PE ~ on Y because higher Y leads to
- 11. 11-1 The Goods Market and the IS Curve The Keynesian Cross The Interest Rate, Investment, and
- 12. The Keynesian Cross The equilibrium in the KC is the point at which Y (AE )
- 13. The Adjustment to Equilibrium in the Keynesian Cross Similarly, if Fs are producing at level Y2,
- 14. Fiscal Policy and the Multiplier: Government Purchases Consider how changes in G affect the economy. G
- 15. An Increase in Government Purchases in the Keynesian Cross Note that the ↗ in Y exceeds
- 16. How big is the multiplier? we trace through each step of the change in Y. Expenditure
- 17. The Keynesian Cross The Interest Rate, Investment, and the IS Curve How Fiscal Policy Shifts the
- 18. Fiscal Policy and the Multiplier: Taxes A ↘in T of ∆T immediately r↑ disposable income Y
- 19. A Decrease in Taxes in the Keynesian Cross A ↘ in T of ∆T r↑ PE
- 20. John F. Kennedy became president of the United States in 1961. One of the council’s first
- 21. When President Barack Obama took office in January 2009, the economy was suffering from a significant
- 22. The KС explains the economy’s AD curve shows how the spending plans of H, F, the
- 23. Deriving the IS Curve Panel (a) shows the investment function: an ↗ in the r from
- 24. The IS curve shows us, for any given r, the level of Y that brings the
- 25. An Increase in Government Purchases Shifts the IS Curve Outward Panel (a) shows that an ↗
- 26. 11-2 The Money Market and the LM Curve The Theory of Liquidity Preference Income, Money Demand,
- 27. The Theory of Liquidity Preference The S&D for RMB determing the r. The S curve for
- 28. A Reduction in the Money Supply in the Theory of Liquidity Preference If the P is
- 29. Does a Monetary Tightening Raise or Lower Interest Rates?
- 30. 11-2 The Money Market and the LM Curve The Theory of Liquidity Preference Income, Money Demand,
- 31. Deriving the LM Curve Panel (a) shows the market for RMB: an ↗ in Y from
- 32. The LM curve shows the combinations of the interest rate and the level of Y that
- 34. We now have all the pieces of the IS–LM model. The two equations of this model
- 35. The intersection of the IS and LM curves represents simultaneous equilibrium in the market for G&S
- 36. The Theory of Short-Run Fluctuations This schematic diagram shows how the different pieces of the theory
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