Ch12_macro.pdf - Chapter 12 Aggregate Demand II Applying the IS-LM Model 1 Context Chapter 10 introduced the model of aggregate demand and supply

Ch12_macro.pdf - Chapter 12 Aggregate Demand II Applying...

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Chapter 12. Aggregate Demand II: Applying the IS-LM Model 1
2 Context
3 IN THIS CHAPTER, YOU WILL LEARN: how to use the IS - LM model to analyze the effects of shocks, fiscal policy, and monetary policy how to derive the aggregate demand curve from the IS - LM model several theories about what caused the Great Depression