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  • C9 - AD-AS Model

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    Abeda Sultana
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    The document discusses the AD-AS model, including aggregate demand, short-run aggregate supply, demand shocks which can cause demand-pull inflation, supply shocks which can cause cost-push inflation, long-run aggregate supply and long-run equilibrium. It also references questions about the AD-AS model and business cycle.

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    The document discusses the AD-AS model, including aggregate demand, short-run aggregate supply, demand shocks which can cause demand-pull inflation, supply shocks which can cause cost-push inflation, long-run aggregate supply and long-run equilibrium. It also references questions about the AD-AS model and business cycle.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    12 views28 pages

    C9 - AD-AS Model

    Uploaded by

    Abeda Sultana
    The document discusses the AD-AS model, including aggregate demand, short-run aggregate supply, demand shocks which can cause demand-pull inflation, supply shocks which can cause cost-push inflation, long-run aggregate supply and long-run equilibrium. It also references questions about the AD-AS model and business cycle.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 28

    ECO102

    1
    Chapter 9
    AD-AS model
    2
    3 Aggregate Demand (AD)

    AD = C + I + G + (X – IM)
    4
    5
    6
    7
    8
    9
    10 Short-run Aggregate Supply (SRAS)
    11
    12
    13 Demand Shocks

    Demand-pull
    inflation
    14 Supply Shocks

    Cost-push
    inflation
    15 Question 1
    16 Long-run Aggregate Supply (LRAS)
    17 Long-run equilibrium
    18
    19 Question 2
    20
    21
    22
    23
    24
    25

    AD-AS model
    and the
    Business cycle
    Question 3
    26
    Question 4
    27
    28 Question 5

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