Macroeconomics: Economic Fluctuations
3 important questions on Macroeconomics: Economic Fluctuations
What are the 3 categories of variables that shift the aggregate demand (AD) curve?
- Government policies
- Foreign variables
- Changes in expectations of households and firms
What tool do we use to analyze economic depression?
How to bring the economy out of recession?
- Keyness solution
- Supply-side solution
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