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Discuss the reasons why the aggregate demand (AD) curve slopes downward. What causes the AD curve and aggregate supply (AS) curve to shift, respectively? How
- Discuss the reasons why the aggregate demand (AD) curve slopes downward.
- 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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Authors: Jeffrey F Beatty, Susan S Samuelson
3rd Edition
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