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Deflationary and inflationary gapsDeflationary and inflationary gaps
Deflationary and inflationary gapsDeflationary and inflationary gaps
The deflationary gapThe deflationary gap
OY
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W, J
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The deflationary gapThe deflationary gap
OY
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W, J
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Deflationary gap
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The deflationary gapThe deflationary gap
OY
W, J, E
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The deflationary gapThe deflationary gap
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Deflationary gap
W, J, EThe deflationary gapThe deflationary gap
OY
W
J
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Ea
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Deflationary gap
W, J, EThe deflationary gapThe deflationary gap
Deflationary and inflationary gapsDeflationary and inflationary gaps
The inflationary gapThe inflationary gap
OY
W
W, J
Ye
J
The inflationary gapThe inflationary gap
OY
W
W, J
YeYF
J
The inflationary gapThe inflationary gap
OY
W
W, J
YeYF
Inflationary gap
Jg
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The inflationary gapThe inflationary gap
OY
YE
W, J, E
Ye
The inflationary gapThe inflationary gap
OY
YE
W, J, E
Ye
The inflationary gapThe inflationary gap
OYYF
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Inflationary gap
W, J, E
e
f
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The inflationary gapThe inflationary gap
OYYe
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Inflationary gap
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W, J, EThe inflationary gapThe inflationary gap
Deflationary and inflationary gapsDeflationary and inflationary gaps
Unemploymentand inflation
Unemploymentand inflation
OY
Pri
ce le
vel
YF
AS1
Unemployment and inflationUnemployment and inflation
OY
AS1
Pri
ce le
vel
YF
AS2
Unemployment and inflationUnemployment and inflation
Deflationary and inflationary gapsDeflationary and inflationary gaps
Effects of increases in aggregate demand on
national output
Effects of increases in aggregate demand on
national output
O
Pric
e le
vel
National output
YP
AS
The effects of increases in aggregate demandon national output
The effects of increases in aggregate demandon national output
O Y1
Pric
e le
vel
National output
Y2
AS
Y3 Y4 YP
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The effects of increases in aggregate demandon national output
The effects of increases in aggregate demandon national output
