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Aggregate Demand and Aggregate Supply [WLO: 3] [CLOs: 1, 2] Prior to beginning work on this discussion, read Chapter 6 in the course text, Aggregate
Aggregate Demand and Aggregate Supply [WLO: 3] [CLOs: 1, 2]
- Prior to beginning work on this discussion, read Chapter 6 in the course text, Aggregate Demand and Aggregate SupplyLinks to an external site., and AD/AS, Unemployment, and InflationLinks to an external site. and respond to the following components:
- Discuss the reasons why the aggregate demand (AD) curve slopes
- What causes the AD curve and aggregate supply (AS) curve to shift, respectively?
- How would a change in AD and AS affect the economy, respectively?
- Why do Keynesian economists emphasize AD whereas classical economists emphasize AS?
| Aggregate Demand and Aggregate Supply [WLO: 3] [CLOs: 1, 2] |
- Discuss the reasons why the aggregate demand (AD) curve slopes
- What causes the AD curve and aggregate supply (AS) curve to shift, respectively?
- How would a change in AD and AS affect the economy, respectively?
- Why do Keynesian economists emphasize AD whereas classical economists emphasize AS?
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Fundamentals of quality control and improvement
Authors: amitava mitra
3rd edition
470226536, 978-1-11849164, 978-0470226537
