What is the aggregate demand curve

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Reference no: EM132863551

Question 1: What is the aggregate demand curve? Draw a graph on one and explain its features.

Question 2: Explain the three explanations for the downward sloping AD curve.

Question 3: What are the determinants of AD and how does each affect the curve?

Question 4: Explain the three distinct segments of the AS curve. What conditions prevail in the economy in each of the ranges?

Question 5: What are the determinants of AS and how does each affect the curve?

Reference no: EM132863551

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