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- 2019-10-07 发布于甘肃
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Chapter 5 Aggregate Supply and Demand Item Item Item Etc. McGraw-Hill/Irwin Macroeconomics, 10e ? 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Introduction The last few chapters have detailed models of long run economic growth ? now turn to short run fluctuations in the economy that constitute the business cycle The AS/AD model is the basic macroeconomic tool for studying output fluctuations and the determination of the price level and the inflation rate Can be used to explain how the economy deviates from a path of smooth growth over time, and to explore the consequences of gov
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