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What are economic fluctuations? What are their characteristics? How does the model of aggregate demand and aggregate supply explain economic fluctuations? Why does the Aggregate-Demand

What are economic fluctuations?
What are their characteristics?
How does the model of aggregate demand and aggregate supply explain economic fluctuations?
Why does the Aggregate-Demand curve slope downward? What shifts the AD curve?
What is the slope of the Aggregate-Supply curve in the short run? In the long run?
What shifts the AS curve(s)?

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