Theory-Based Models
Theory-Based Models
Theory-Based Models
A short-run demand and supply framework showing how price level and output move when demand or cost conditions shift around long-run capacity.
Theory-Based Models
Compare the current setup with up to two scenarios saved in this browser without overloading the route when the compare tray is still sparse.
Scenario tray
Current scenario
This is always the anchor column for the comparison view.
Save a scenario from the explore route in this browser to add more columns here.
Output
93.0
Price level
90.6
Long-run gap
0.0
Potential output
93.0
Delta table
| Readout | Current scenario |
|---|---|
| Output | 93.0 |
| Price level | 90.6 |
| Long-run gap | 0.0 |
| Potential output | 93.0 |