The determinants of aggregate demand consist of spending by domestic consumers, by businesses, by government, and by

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The determinants of aggregate demand consist of spending by domestic consumers, by businesses, by government, and by foreign buyers. Changes in the factors listed in Figure 29.2 alter the spending by these groups and shift the aggregate demand curve. The extent of the shift is determined by the size of the initial change in spending and the strength of the economy’s multiplier.

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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