題組內容

二、簡答題:(共 70 分)
1. Recently the World is experiencing declining energy prices.Assume that Taiwan’s energy prices are decreasing, the Taiwaneconomy was in long-run equilibrium before these declines begin.

(A) Use the aggregate demand–aggregate supply model toillustrate graphically the short-run and long-run impact of thisdecline on output and prices.(5 分)