Why does the aggregate demand curve slope down and aggregate

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Why does the aggregate demand curve slope down and aggregate supply curve slope upwards? Keep in mind the aggregate demand curve represents the total value of all goods and services demanded in the economy at various prices and aggregate supply curve represents the total value of all the goods and services produced in the economy. Give real-world examples of the three effects that explain the slopes of these curve.(hint: what effects AD and AS curves) 

Reference no: EM13316076

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