Question
1. Business Fluctuations 2. Recession 3. Aggregate Demand (AD) 4. Spending growth 5. AD curve 6. Long Run Aggregate Supply (LRAS) 7. LRAS curve 8.
1. Business Fluctuations
2. Recession
3. Aggregate Demand (AD)
4. Spending growth
5. AD curve
6. Long Run Aggregate Supply (LRAS)
7. LRAS curve
8. Real Shocks
9. Aggregate Demand Shocks
10. Short Run
11. Long Run
12. Sticky Prices and Wages
13. Menu Costs
14. Short Run-Aggregate Supply
15. Long Run Transition
16. Intertemporal substitution
17. Time bunching
18. Irreversible investment
19. Labor adjustment costs
20. Collateral damage
21. Interaction Effects
1. Dynamic AD/ AS
1. Unemployment Rate
2. Inflation Rate
3. Nominal to real conversion
4. Equation of Exchange
1. John Maynard Keynes
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