1/10
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced |
---|
No study sessions yet.
What shifts the PPC curve? (1.2)
change in resource quantity or quality
change in technology
change in trade
What shifts the demand curve? (1.4)
Taste and Preferences
Number of consumers
Price of related goods
Income
Future Expectations
What shifts the supply curve? (1.5)
Prices/Availability of inputs (resources)
Number of Sellers
Technology
Government Action: Taxes and Subsidies
Expectations of future profit
What shifts the aggregate demand curve? (3.1)
Consumer Spending
Investment Spending
Government Spending
Net Exports
What shifts the short-run aggregate supply curve? (3.3)
Change in resources prices
Change in actions of the government
Change in productivity
What shifts the long-run aggregate supply curve? (3.4)
Change in resource quantity or quality
Change in technology
What shifts the demand for money curve? (4.5)
Price Level
Real GDP
Transactions Costs
What shifts the supply for money curve? (4.5)
this is determined by the country's central bank
What shifts the demand for loanable funds? (4.7)
foreign demand for domestic currency
all borrowing, lending, and credit
deficit spending
expectations for the future
what slides the Short-run Phillips curve? (5.2)
demand shocks
What shifts the Short run Phillips curve? (5.2)
Anything that shifts the SRAS
If SRAS shifts right, SRPC shifts left