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Prior to beginning work on this discussion, read Chapter 6 in the course text, Aggregate Demand and Aggregate SupplyLinks to an external site. , and
- 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?
https://uagc.instructure.com/courses/120723/external_tools/retrieve?display=borderless&url=https%3A%2F%2Fcontent.uagc.edu%2Flti%3Fbookcode%3DAmacher.5279.18.1
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