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国际金融教学课件：IF-lecture12 The Price Level and Real Output.pdf

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Economic Policymaking
The Price Level and Real Output
Daniels and VanHoose Price Level and Real Output
15年 12月 3⽇星期四
Figure 13-1
Deriving the Keynesian Aggregate Demand Schedule
Daniels and VanHoose Price Level and Real Output 2
15年 12月 3⽇星期四
Figure 13-2 The Effect of an Increase in the Money
Stock on Aggregate Demand in a Closed Economy
Daniels and VanHoose Price Level and Real Output 3
15年 12月 3⽇星期四
Daniels and VanHoose Price Level and Real Output 4
15年 12月 3⽇星期四
Daniels and VanHoose Price Level and Real Output 5
15年 12月 3⽇星期四
MP and AD
• MP under Fixed E is ineffective on AD
• MP under Floating E is effective on AD, the
size of the effect is greater as the degree of
capital mobility increases.
Daniels and VanHoose Price Level and Real Output 6
15年 12月 3⽇星期四
Figure 13-5 The Effect of an Increase in
Government Spending on Aggregate Demand in a Closed Economy
Daniels and VanHoose Price Level and Real Output 7
15年 12月 3⽇星期四
Daniels and VanHoose Price Level and Real Output 8
15年 12月 3⽇星期四
FP and AD
• MP under Fixed E is effective on AD, the
size of the effect is greater as the degree of
capital mobility increases.
Daniels and VanHoose Price Level and Real Output 9
15年 12月 3⽇星期四
Figure 13-8 The Aggregate
Production Function and the
Marginal-Product-of-Labor
(MPn) Schedule
Daniels and VanHoose Price Level and Real Output 10
15年 12月 3⽇星期四

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