What is the aggregate demand curve

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Reference no: EM131334225 , Length: word count:1250

ECONOMICS AND QUANTITATIVE ANALYSIS SHORT WRITTEN RESPONSES - MACROECONOMICS ASSIGNMENT

Instructions - Prepare short written responses for the following five (5) questions. Answers for each question must not exceed 250 words.

Question 1: Explain why real GDP might be an unreliable indicator of the standard of living.

Question 2: Why does unemployment arise and what makes some unemployment unavoidable?

Question 3: Consider the following statement: 'When the average level of prices of goods and services rises, inflation rises'? Do you agree or disagree? Explain.

Question 4: What is the aggregate demand (AD) curve and why does it slope downwards? Explain.

Question 5: What is the long run aggregate supply (LRAS) curve and why is it vertical? Why does the short run aggregate supply curve slope upwards?

Word Count: 1250 Words.

Audio Link - https://www.dropbox.com/s/c5h555k2b58e5z3/Audio.rar?dl=0

Reference no: EM131334225

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len1334225

12/30/2016 2:53:49 AM

Hello, I want to make my assignment from you. Requirements: In text references with hardware style. Listen the attached audio file for the requirement of assignment. 1250 words for assignment, 250 words for each question Please listen the audio before make the assignment. Thanks.

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