Question
Suppose a rise in demand for new houses increased the investment component aggregate expenditure, and increased AD at each price level by 400. Draw the
Suppose a rise in demand for new houses increased the investment component aggregate expenditure, and increased AD at each price level by 400. Draw the new AD curve in the graph above.
graph contains
with an AD=p=90-0.05y
WITH AN AS=p=60+0.1
equilibrium of (200,80)
how do I calculate the new AD1
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The End Of Poverty Economic Possibilities For Our Time
Authors: Jeffrey D Sachs, Bono
1st Edition
0143036580, 9780143036586
