{"id":45572,"date":"2018-11-23T02:00:12","date_gmt":"2018-11-23T07:00:12","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=45572"},"modified":"2018-11-03T11:47:17","modified_gmt":"2018-11-03T15:47:17","slug":"the-aggregate-demand-curve","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2018\/11\/23\/the-aggregate-demand-curve\/","title":{"rendered":"The Aggregate Demand Curve"},"content":{"rendered":"<p align=\"center\"><iframe loading=\"lazy\" width=\"853\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/jL94Fdcdv1Y\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<blockquote><p><strong>Marginal Revolution University<\/strong><br \/>\n<strong>Published on 18 Apr 2017<\/strong><\/p>\n<p>This wk: Put your quantity theory of money knowledge to use in understanding the aggregate demand curve.<\/p>\n<p>Next wk: Use your knowledge of the AD curve to dig into the long-run aggregate supply curve.<\/p>\n<p>The aggregate demand-aggregate supply model, or AD-AS model, can help us understand business fluctuations. In this video, we\u2019ll focus on the aggregate demand curve.<\/p>\n<p>The aggregate demand curve shows us all of the possible combinations of inflation and real growth that are consistent with a specified rate of spending growth. The dynamic quantity theory of money (M + v = P + Y), which we covered in a previous video, can help us understand this concept. <\/p>\n<p>We\u2019ll walk you through an example by plotting inflation on the y-axis and real growth on the x-axis &mdash; helping us draw an aggregate demand curve!<\/p>\n<p>Next week, we\u2019ll combine our new knowledge on the AD curve with the long-run aggregate supply curve. Stay tuned! <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Marginal Revolution University Published on 18 Apr 2017 This wk: Put your quantity theory of money knowledge to use in understanding the aggregate demand curve. Next wk: Use your knowledge of the AD curve to dig into the long-run aggregate supply curve. The aggregate demand-aggregate supply model, or AD-AS model, can help us understand business [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[1094,165,1093,563],"class_list":["post-45572","post","type-post","status-publish","format-standard","hentry","category-economics","tag-gdp","tag-inflation","tag-macroeconomics","tag-money"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-bR2","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/45572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=45572"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/45572\/revisions"}],"predecessor-version":[{"id":45573,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/45572\/revisions\/45573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=45572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=45572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=45572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}