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Macroeconomic Policy and the AD-AS Model Macroeconomic Policy and the AD-AS Model

Macroeconomic Policy and the AD-AS Model - PowerPoint Presentation

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Uploaded On 2017-06-05

Macroeconomic Policy and the AD-AS Model - PPT Presentation

Stabilization Policies and Their Effects E 2 Expansionary Fiscal Policy Addressing Recessionary Gaps Suppose a negative demand shock has caused a recession AD 2 AD 1 Aggregate Price Level ID: 556341

aggregate policy government fiscal policy aggregate fiscal government output economy level recessionary gdp demand potential price gap real higher

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