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Lecture

Chapter 26 & 32 Notes

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Department
Economics
Course
ECON 2030
Professor
All Professors
Semester
Fall

Description
TODAYS MENUWednesday 09 July 2014IBUSINESSAPractice Problems1Chapter 261 5 913 1518 202Chapter 3235 1215 18BFinal Exam This Saturday 730930 AMIISUBSTANCEAAggregate DemanddAbility and willingness to purchase everything The supply side in the short run will be exactly the same as a micro market Equilibriumwhere the quantity demanded and supply are equal1Expenditure approach national income accountingaFoundationiyCIGXIMiiCConsumptioniiiIInvestmentivGGovernment spendingvXExportsviIMImports substract importsAt a given level of overall aggregate priceswhat are the factors that would influence individuals to purchase the things produced in the country What would make the aggregate demand to increase 2 factors see belowPolicy changeEverything else bDeterminants of aggregate demandiMonetary policyinvolves changes in interest rates monetary base and money supply I
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