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Please help with one Macroeconomic question Question 7: On aggregate demand and aggregate supply: a) List and explain 3 reasons why the aggregate demand curve
Please help with one Macroeconomic question
Question 7: On aggregate demand and aggregate supply:
a) List and explain 3 reasons why the aggregate demand curve is downward sloping
b) Explain why the long-run aggregate supply curve is vertical
c) List and explain three possible reasons for why the short-run aggregate supply curve slopes upwards
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