Inflation revision
Candidates should be able to define short-run aggregate supply and identify the determinants of the short-run AS curve, such as money wage rates, business.
Outline Chapter 12 – Aggregate Supply, Aggregate Demand and Inflation Section 4 – Competing Theories Section 5 – Stabilization vs. Sustainability Macroeconomic.
Demand-side and Supply-side policies Tragakes 2011, pp. 320-352
Demand-side and Supply-side policies
Gov. can affect AD through G or T Directly: increase or decrease G, AD shifts Indirectly: increase or decrease T and C and I will change, which.
Fiscal Policy
