Shift Factors Flashcards
Shift Factors of PPC
Qty. or Quality of labor, Qty. or Quality of capital, change in technology
S/D Graph Demand Curve Shift Factors
As/Ad Graph Aggregate Demand Curve Shift Factors
Change in C + G + I + (X-M)
As/Ad Graph Short Run Aggregate Supply Curve Shift Factors
Change in input prices or productivity
As/Ad Graph Long Run Aggregate Supply Curve Shift Factors
Qty. or Quality of labor, Qty. or Quality of capital, change in technology
Money Market Graph Money Supply Shift Factors
Open market operations, Reserve Requirement, Discount Rate
Reserve Market Graph Shift Factors
Fed changes administered interest rate
Loanable Funds Graph Supply of Loanable Funds Shift Factors
Flow of money
Loanable Funds Graph Demand for Loanable Funds Shift Factors
Government spending
Short Run Phillips Curve Shift Factors
SRAS shifts on AS/AD model = SRPS shifts in opposite direction
Long Run Philipis Curve Shift Factors
LRAS shifts = LRPC shifts in opposite direction
Aggregate Demand shifts result in
Movement along the SRPC
Foreign Exchange Graph Shift Factors
Price level, RGDP/income, Interest rate
