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Aggregate Demand, Aggregate Supply, and Inflation
The Aggregate Demand Curve ,[object Object],[object Object]
Shifts of the Aggregate Demand Curve ,[object Object]
Shifts of the Aggregate Demand Curve ,[object Object]
The Aggregate Supply Curve ,[object Object],[object Object]
The Equilibrium Price Level ,[object Object],[object Object]
Causes of Inflation ,[object Object],[object Object],[object Object]
Causes of Inflation ,[object Object],[object Object]
Cost-Push, or Supply-Side Inflation ,[object Object],[object Object]
Expectations and Inflation ,[object Object],[object Object]

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Aggregate Demand, Aggregate Supply, and Inflation

Notas do Editor

  1. If prices have been rising, and if people’s expectations are adaptive—that is, if they form their expectations on the basis of past pricing behavior—then firms may continue raising prices even if demand is slowing or contracting.