AS/AD Model
Demand Shock
Inputs
AS (long)
Input t2: Demand shock
AD2: ∆ Y (with P const.)
Input t4: Adjustment P (e)
AS2: P (e) new
AS: P (e)
AS: Slope (inverse)
AD: Ordinate intercept
AD: Slope (absolute)
Outputs: P
t1: P (AS short)
t2: P (const.)
t3: P (with ∆ P)
t4: P (with ∆ P(e))
t5: P (complete ∆ P(e))
Outputs: Y
t1: Y
t2: Y
t3: Y
t4: Y
t5: Y