Chapter 14

The Aggregate
Model of the
Macro
Economy

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.1 Change in the Price Level and the Effect on the Money Market

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.2 Interest-Related Expenditure and Equilibrium Income

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.3 Deriving the Aggregate Demand Curve

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.4 Expansionary Monetary and Fiscal Policy and the Aggregate Demand Curve

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

EQUATION 14.1 The Model of Aggregate Demand and Supply

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

TABLE 14.1 Factors Causing Shifts in the AD Curve

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.5 Aggregate DemandAggregate Supply Equilibrium with Short and Long-Run Aggregate
Supply Curves

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

EQUATION 14.2 The Aggregate Supply Curve

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

EQUATION 14.3 The Aggregate Supply Curve

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.6 Change in Short-Run Aggregate Supply

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.7 Change in Long-Run Aggregate Supply

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.8a Using the Aggregate Model

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

FIGURE 14.8b Using the Aggregate Model

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

TABLE 14.2 Impact of Changes in the Aggregate Model

2014 Pearson Education, Inc.

 chapter 14
The Aggregate Model of the Macro Economy

TABLE 14.3 Leading, Coincident, and Lagging Economic Indicators

2014 Pearson Education, Inc.