Chapter 14

The Aggregate
Model of the
Macro
Economy

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.1 Change in the Price Level and the Effect on the Money Market

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.2 Interest-Related Expenditure and Equilibrium Income

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.3 Deriving the Aggregate Demand Curve

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.4 Expansionary Monetary and Fiscal Policy and the Aggregate Demand Curve

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 chapter 14
The Aggregate Model of the Macro Economy

EQUATION 14.1 The Model of Aggregate Demand and Supply

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 chapter 14
The Aggregate Model of the Macro Economy

TABLE 14.1 Factors Causing Shifts in the AD Curve

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.5 Aggregate Demand–Aggregate Supply Equilibrium with Short and Long-Run Aggregate
Supply Curves

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 chapter 14
The Aggregate Model of the Macro Economy

EQUATION 14.2 The Aggregate Supply Curve

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 chapter 14
The Aggregate Model of the Macro Economy

EQUATION 14.3 The Aggregate Supply Curve

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.6 Change in Short-Run Aggregate Supply

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.7 Change in Long-Run Aggregate Supply

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.8a Using the Aggregate Model

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 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.8b Using the Aggregate Model

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 chapter 14
The Aggregate Model of the Macro Economy

TABLE 14.2 Impact of Changes in the Aggregate Model

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 chapter 14
The Aggregate Model of the Macro Economy

TABLE 14.3 Leading, Coincident, and Lagging Economic Indicators

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