Chapter 15 Page 366 - 74

Chapter 15 Page 366 - 74 - Diagram 1: Aggregate Demand...

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Unformatted text preview: Diagram 1: Aggregate Demand Effects of Changes in Money Supply Closed Economy Interest Rate MS1 15­1 A r1 15­2 MD1 0 Quantity of Money Diagram 2: The Aggregate Demand Curve 15­3 Closed Economy Price Level P A AD1 15­4 0 Y1 Quantity of Money Diagram 3: Aggregate Demand Effects of Changes in Money Supply Open Economy ­ Flexible Exchange Rate Interest Rate 15­5 MS1 A rw 15­6 MD1 0 Quantity of Money Diagram 4: Aggregate Demand Curve Open Economy ­ Flexible Exchange Rate Price Level P A 15­7 AD1 0 Y1 Quantity of Output Diagram 5 An excess supply of Canadian Dollars 15­8 FXR S0 S1 E0 FXR0 Excess supply of C$ D Quantity of Canadian Dollars 15­9 Q* o FXR0 s the nominal exchange rate that prevails without government intervention ...
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This note was uploaded on 10/21/2010 for the course ECON 102 taught by Professor ? during the Fall '08 term at Waterloo.

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Chapter 15 Page 366 - 74 - Diagram 1: Aggregate Demand...

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