宏观经济学5.总供给与总需求讲述.ppt

Chapter 5 Aggregate Supply and Demand 总供给与总需求 Chapter highlights(提要) output and prices are determined by aggregate supply and aggregate demand. the slope of the aggregate supply curve reflects the economy’s price adjustment mechanism. 产出和价格是由总供给和总需求决定的. 总供给曲线的斜率反映经济的价格调整机制 In the short run, the aggregate supply curve is flat. In the long run, the aggregate supply curve is vertical 在短期,总供给曲线是水平的. 在长期,总供给曲线是垂直的。 Changes in aggregate demand, the result of changes in fiscal and monetary policy as well as individual decisions about consumption and investment, change output in the short ru