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Aggregate Demand- Macro Topic 3.1
7:26
YouTubeJacob Clifford
Aggregate Demand- Macro Topic 3.1
Hey econ students! This video explains the shape of the aggregate demand curve and gives you a chance to practice. Remember, the AD curve is downwards sloping for three reasons: the real wealth effect, the interest rate effect, and the exchange rater effect. As for shifts, anything that changes C, I, G, or X-M will shift the curve. Look in the ...
680.1K viewsOct 7, 2020
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