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By the end of this section, you will be able to do the following: Discuss why and how inflation expectations are measured, Analyze the impacts of fiscal policy and monetary policy on aggregate supply and aggregate demand. Explain the neoclassical Phillips curve, noting its trade off between inflation and unemployment, and Identify clear distinctions between neoclassical economics and Keynesian economics.
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aggregate supply, inflation and unemployment, measuring inflation expectations, ap macroeconomics, texas gateway, texas gateway: ch. 12: the policy implications of the neoclassical perspective, the policy implications of the neoclassical perspective, distinctions between neoclassical economics and keynesian economics, fiscal policy and inflation
Classroom Considerations
- Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
- The intended use for this resource is Instructional