宏观经济管理学与财务知识分析规范(ppt 28页)
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宏观经济管理学与财务知识分析规范(ppt 28页)简介：
Aggregate supply curve describes, for each given price level, the quantity of output firms are willing to supply
Upward sloping since firms are willing to supply more output at higher prices
Aggregate demand curve shows the combinations of the price level and the level of output at which the goods and money markets are simultaneously in equilibrium
Downward sloping since higher prices reduce the value of the money supply, which reduces the demand for output
Intersection of AS and AD curves determines the equilibrium level of output and price level
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