本章通过三个关系来描述济特征综合.pdfVIP

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本章通过三个关系来描述济特征综合.pdf

9-1Output,Unemployment,andInflation

Thischaptercharacterizestheeconomybythree

relations:

▪Okun’sLaw,whichrelatesthechangein

unemploymenttooutputgrowth.

▪ThePhillipscurve,whichrelatesthechangesin

inflationtounemployment.

▪Theaggregatedemandrelation,whichrelatesoutput

growthtobothnominalmoneygrowthandinflation.

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9-1Output,Unemployment,andInflation

Okun’sLaw

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