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Explain in sufficient detail (referring to the MP curve) why the AD curve slopes downward. In the context of aggregate demand shocks, explain the concept
- Explain in sufficient detail (referring to the MP curve) why the AD curve slopes downward.
In the context of aggregate demand shocks, explain the concept of "Divine Coincidence."
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Global Strategy
Authors: Mike W. Peng
5th Edition
0357512367, 978-0357512364
