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About 9 results
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/28%3A_Monetary_Policy/28.3%3A_Impacts_of_Federal_Reserve_Policies
    Changes in a country’s money supply shifts the country’s aggregate demand curve.
  • https://socialsci.libretexts.org/Workbench/Introduction_to_Macroeconomics/09%3A_The_AD_AS_Model/9.03%3A_Building_a_Model_of_Aggregate_Demand_and_Aggregate_Supply
    In the intermediate area of the AS curve, a higher price level for outputs continues to encourage a greater quantity of output—but as the increasingly steep upward slope of the aggregate supply curve ...In the intermediate area of the AS curve, a higher price level for outputs continues to encourage a greater quantity of output—but as the increasingly steep upward slope of the aggregate supply curve shows, the increase in quantity in response to a given rise in the price level will not be quite as large. (Read the following Clear It Up feature to learn why the AS curve crosses potential GDP.)
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/32%3A_Open_Economy_Macroeconomics/32.3%3A_Equilibrium
    In an open economy, equilibrium is achieved when no external influences are present; the state of equilibrium between the variables will not change.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_3e_(OpenStax)/19%3A_Macroeconomic_Policy_Around_the_World/19.04%3A_Causes_of_Unemployment_around_the_World
    We can categorize the causes of unemployment in the world's high-income countries in two ways: either cyclical unemployment caused by the economy when in a recession, or the natural rate of unemployme...We can categorize the causes of unemployment in the world's high-income countries in two ways: either cyclical unemployment caused by the economy when in a recession, or the natural rate of unemployment caused by factors in labor markets, such as government regulations regarding hiring and starting businesses.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/23%3A_Inflation_and_Unemployment/23.1%3A_The_Relationship_Between_Inflation_and_Unemployment
    The Phillips curve shows the inverse relationship between inflation and unemployment: as unemployment decreases, inflation increases.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/24%3A_Aggregate_Demand_and_Supply/24.3%3A_Aggregate_Demand
    Aggregate demand (AD) is defined as the total demand for final goods and services in a given economy at a specific time. Unlike other illustrations of demand, it is inclusive of all amounts of the pro...Aggregate demand (AD) is defined as the total demand for final goods and services in a given economy at a specific time. Unlike other illustrations of demand, it is inclusive of all amounts of the product or service purchased at any possible price level. Simply put, AD is the sum of all demand in an economy. It is often called the effective demand or aggregate expenditure (AE), and is the demand of all gross domestic product (GDP).
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/24%3A_Aggregate_Demand_and_Supply/24.5%3A__The_Aggregate_Demand-Supply_Model
    In economics, the macroeconomic equilibrium is a state where aggregate supply equals aggregate demand.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_3e_(OpenStax)/11%3A_The_Aggregate_Demand_Aggregate_Supply_Model/11.03%3A_Building_a_Model_of_Aggregate_Demand_and_Aggregate_Supply
    In the AS curve's intermediate area, a higher price level for outputs continues to encourage a greater quantity of output—but as the increasingly steep upward slope of the aggregate supply curve shows...In the AS curve's intermediate area, a higher price level for outputs continues to encourage a greater quantity of output—but as the increasingly steep upward slope of the aggregate supply curve shows, the increase in real GDP in response to a given rise in the price level will not be as large. (Read the following Clear It Up feature to learn why the AS curve crosses potential GDP.)
  • https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_3e_(OpenStax)/16%3A_Exchange_Rates_and_International_Capital_Flows/16.04%3A_Macroeconomic_Effects_of_Exchange_Rates
    A central bank will be concerned about the exchange rate for multiple reasons: (1) Movements in the exchange rate will affect the quantity of aggregate demand in an economy; (2) frequent substantial f...A central bank will be concerned about the exchange rate for multiple reasons: (1) Movements in the exchange rate will affect the quantity of aggregate demand in an economy; (2) frequent substantial fluctuations in the exchange rate can disrupt international trade and cause problems in a nation’s banking system–this may contribute to an unsustainable balance of trade and large inflows of international financial capital, which can set up the economy for a deep recession if international investor…

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