What is the aggregate demand curve

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Reference no: EM131095396

The AS/AD model is an excellent way to understand how specific policies and actions affect output and prices in an economy. Think about these questions as you discuss this topic:

What is the aggregate demand (AD) curve? What are the components of AD? What factors can shift the AD curve?

What is the difference between the long-run aggregate supply curve and the short-run aggregate supply curve?

What is MPC? How does the spending multiplier work?

Reference no: EM131095396

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What is the aggregate demand curve : The AS/AD model is an excellent way to understand how specific policies and actions affect output and prices in an economy. What is the aggregate demand (AD) curve? What are the components of AD? What factors can shift the AD curve?

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