AggregateDemandIBuildingtheISLMModel总需求I建立ISLM模.pptVIP

Aggregate Demand I:Building the IS -LM Model In this chapter, you will learn… the IS curve, and its relation to the Keynesian cross the loanable funds model the LM curve, and its relation to the theory of liquidity preference how the IS-LM model determines income and the interest rate in the short run when P is fixed Context Chapter 9 introduced the model of aggregate demand and aggregate supply. Long run prices flexible output determined by factors of production technology unemployment equals its natural rate Short run prices fixed output determined by aggregate demand unemployment