Econ3310-chp5,20,22

Econ3310-chp5,20,22 - Aggregate Supply Higher unemployment,...

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Unformatted text preview: Aggregate Supply Higher unemployment, lower inflation Financial Crisis, AD curve to the left -2 01 01 01 02 02 02 03 03 03 04 04 04 05 05 05 06 06 06 07 07 07 08 08 08 09 09 09 n- y- p- n- y- p- n- y- p- n- y- p- n- y- p- n- y- p- n- y- p- n- y- p- n- y- pJa Ma Se Ja Ma Se Ja Ma Se Ja Ma Se Ja Ma Se Ja Ma Se Ja Ma Se Ja Ma Se Ja Ma Se 0 2 4 6 8 10 12 INFLATION UNEMPLOYMENT RATE Output and prices in the US: 2001-2009 Aggregate Demand Equilibrium Analysis ...
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This note was uploaded on 02/14/2012 for the course ECON 3310 taught by Professor Dix during the Fall '08 term at York University.

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