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Short run and long run equilibrium and the business cycle
Catogry:
Economics & Finance
Subject:
Macroeconomics
Course:
National Income And Price Determination
Lecture List
Automatic stabilizers
Tax lever of fiscal policy
Calculating change in spending or taxes to close output gaps
Fiscal policy to address output gaps
Long run self adjustment
Cost-push inflation
Real GDP driving price
Demand-pull inflation under Johnson
Shifts in aggregate demand
Short run and long run equilibrium and the business cycle
Long-run aggregate supply
Short run aggregate supply
Tax multiplier, MPC, and MPS
Mathy version of MPC and multiplier (optional)
MPC and multiplier
Shifts in aggregate demand
Aggregate demand