What are the effects of an increase in aggregate demand

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Q. Wilpen Company, a price-setting form, produces nearly 80 percent of all tennis balls purchased in the United States. Wilpen estimates the U.S. demand for its tennis balls by using the linear specifications:

Q. What are the effects of an increase in aggregate demand in the aggregate demand and aggregate supply model consistent with the Phillips curve? Explain

Reference no: EM1362048

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