9 Nov 2021
Problem 30
Page 600
Section: REVIEW QUESTIONS
Chapter 24: The Aggregate Demand/Aggregate Supply Model
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9 Nov 2021
Introduction
Aggregate Demand is the concept of macroeconomics. In aggregate demand, we talk about the economy as a whole and not about the market for one good or service. We plot the actual production of the economy in the given period of time, which is also called the real GDP. Factors that affect aggregate demand are Net export effect, Consumption, and Investment.
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