上海交通大学课件曼昆《经济学原理》12.pptVIP

* * * * * * * * * * * * * * Remove bullet in graph – graph needs no additional title??? * * * * * Before introducing the three theories of short-run aggregate supply, it’s worth taking a moment to show students why the slope of SRAS is critically important in the theory of economic fluctuations. * * * * * * * The results from this exercise apply to any event that shifts AD to the left, whether a stock market crash, recession abroad, wave of pessimism, or other. The stock market crash reduces consumers’ wealth, which depresses their spending. The AD curve shifts to the left. The new sh