AD shifts right and left, SRAS shifts right and left.
Why is the AD curve sloped down, three reasons.
Why is the SRAS curve sloped upward, demand pull cost push, resource costs.
LRAS curve shifts,
5 AD/AS graphs for the AD/AS section and the
Government spending or taxes, debt vs deficits and surpluses,
Classical vs monetarists vs keynesians
Expansionary vs contractual fiscal policy
Loanable funds graphs
Fiscal Policy and Net Export Effect
Nominal Interest and
Definition of money, 3 functions, measurement Fed's 3 tools, Fed expansionary cause and effect, Fed contractually cause and effect,
Federal Funds Rate
Money Market Graph
Demand for money cause and effect
Nominal and Real interest rates
Appreciation and depreciation of the currency
Effects from and increase in inflation, price level, exports, imports, deficits, Fed's purchase of bonds, Supply of loanable funds, Real interest rates increase.
Balance of Payments
Growth in the
Characteristics, Revenues, Costs, Profit Max, Short-Run Profits & Losses, Break Even and Long-Run Equilibrium, Permit subsidy and tax, Lump sum subsidy and tax, Long run supply curve, increasing, decreasing, constant costs.
Unemployment types, Inflation, Demand pull, Cost Push, Borrowers and lenders and who gets hurt with inflation.
Graphs of the AD/AS curves and their corresponding Phillips Curve
Change in AD is a movement on the Phillips curve, while a change in the