## IS-curve in the AS-AD model, Macroeconomics

Assignment Help:

The IS-curve in the AS-AD model

 The IS-curve is not affected by P in the AS-AD model

We can define an IS-curve in the AS-AD model similarly to the IS-LM model: it will give us all combinations of R and Y where goods market is in equilibrium, which is, where aggregate demand is equal to GDP, YD(Y, R) = Y.

Since P doesn't affect any part of goods market, P won't affect the IS curve. IS curve in the AS-AD model is exactly the same as IS-curve in IS-LM model.

#### Topic regarding oligopoly, full oligopoly chapter

full oligopoly chapter

#### Explain the consumer prices index, Consumer Prices Index Two economic ...

Consumer Prices Index Two economic indices learnt at AS are the Consumer Prices Index (CPI) and the Retail Prices Index (RPI). Both are used to calculate the average price lev

#### Wages, Subsistence theory of wage determination

Subsistence theory of wage determination

#### Budget, what are the function of budget

what are the function of budget

#### Walkers'' labor to produce 2 goods, This problem is based on the Ricardian ...

This problem is based on the Ricardian Model. Assume that 2 countries, Stormlands and Reach, use White Walkers' labor to produce 2 goods, lumber and wheat.

#### Money supply in the mauritian financial sytem, Question 1: Discuss the ...

Question 1: Discuss the alternative theories of the demand for money and their relevance in specifying a demand for money function for a small island developing economy like

#### MR, Question 1: Consider a two-period, two-person pure exchange economy. Ut...

Question 1: Consider a two-period, two-person pure exchange economy. Utility functions and endowments are given as follows. u1(x0; x1) = (x0x1)2 and e1 = (18; 4) u2(x0; x1) = ln x0

#### Calculate private market equilibrium, Consider the following Marginal Priva...

Consider the following Marginal Private Cost (MPC), Marginal Social Cost (MSC) and market demand curves. These curves relate to a market for a product, the production of which gene

#### SARB, REASONS TO NATIONALISE SARB

REASONS TO NATIONALISE SARB

#### Define the term- wages and income, Define the term- Wages and income R...

Define the term- Wages and income Remember that by wage we mainly mean what you receive for working one hour, whereas income is the total revenue from all sources over a longe

### Write Your Message!

#### Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!