N. Gregory Mankiw PowerPoint® Slides by Ron Cronovich CHAPTER 11 Aggregate Demand II: Applying the IS-LM Model © 2010 Worth Publishers, all rights reserved SEVENTH EDITION MACROECONOMICS Context Chapter 9 introduced the model of aggregate demand and supply. Chapter 10 developed the IS-LM model, the basis of the aggregate demand curve. CHAPTER 11 Aggregate Demand II 2 In this chapter, you will learn: how to use the IS-LM model to analyze the effects of shocks, fiscal policy, and…
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