The DAD (Dynamic aggregate demand) curve is in the long run a horizontal line called the EAD (Equilibrium aggregate Demand) curve. The short run DAD curve at flexible exchange rates is given by the equation:
The short run DAD curve at fixed exchange rates is given by the equation:
SAS curveedit
The SAS (Surprise aggregate supply) curve is in the long run a vertical line called the EAS (Equilibrium aggregate Supply) curve. The short run SAS curve is given by the equation:
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model, macroeconomic, model, based, model, that, looks, different, incomes, different, inflation, levels, curve, editthe, dynamic, aggregate, demand, curve, long, horizontal, line, called, equilibrium, aggregate, demand, curve, short, curve, flexible, exchange. The DAD SAS model is a macroeconomic model based on the AD AS model but that looks at the different incomes at different inflation levels DAD curve editThe DAD Dynamic aggregate demand curve is in the long run a horizontal line called the EAD Equilibrium aggregate Demand curve The short run DAD curve at flexible exchange rates is given by the equation p m b Y b Y 1 h D i W D ϵ e displaystyle pi mu bY bY 1 h Delta i W Delta epsilon e nbsp The short run DAD curve at fixed exchange rates is given by the equation p ϵ p W b Y b Y 1 g D Y W d D G f D i W D ϵ e displaystyle pi epsilon pi W bY bY 1 gamma Delta Y W delta Delta G f Delta i W Delta epsilon e nbsp SAS curve editThe SAS Surprise aggregate supply curve is in the long run a vertical line called the EAS Equilibrium aggregate Supply curve The short run SAS curve is given by the equation p p e l Y Y displaystyle pi pi e lambda Y Y nbsp nbsp This article related to macroeconomics is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title DAD SAS model amp oldid 725499638, wikipedia, wiki, book, books, library,
