曼昆宏观经济学英文chap.pptxVIP

MACROECONOMICSN. Gregory MankiwS E V E N T H E D I T I O NPowerPoint? Slides by Ron Cronovich13C H A P T E RAggregate Supply and the Short-run Tradeoff Between Inflation and UnemploymentModified for EC 204 by Bob Murphy? 2010 Worth Publishers, all rights reservedIn this chapter, you will learn:two models of aggregate supply in which output depends positively on the price level in the short runabout the short-run tradeoff between inflation and unemployment known as the Phillips curveIntroductionIn previous chapters, we assumed the price level P was “stuck” in the short run. This implies a ho