【PPT精品课件】货币金融学7版英文课件--ch25-大学课.pptxVIP

Chapter 25Aggregate Demand and Supply Analysis? 2005 Pearson Education Canada Inc.Monetarist View of AD P ??Y 2000V = = = 2 M 1000Modern Quantity Theory of MoneyM ??V = P ??YImplication: M determines P ??Y if V unrelated to ?MDeriving AD CurveM = 1000, V = 2 ? P ??Y = 2000Point A: P = 2 Y = 1000 PY = 2 ??1000Point B: P = 1 Y = 2000 PY = 1 ??2000Point C: P = .5 Y = 4000 PY =.5 ??4000Conclusion: P ? Y ?, downward sloping ADShift in AD CurveM ?: P?Y ?, so at given P, Y ? ? AD shifts right? 2005 Pearson Education Canada Inc.The AD Curve? 2005 Pearson Education Canada Inc.Keynesi