Macro. Chapter 20 【Aggregate Demand and Aggregate Supply】
1. Key facts about economic fluctuations
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Macro. Chapter 20 【Aggregate Demand and Aggregate Supply】, Exercises of Macroeconomics
The following graph approximates business cycles in the United States from the first quarter of 1955 to the third quarter of 1959
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Macro. Chapter 20 【Aggregate Demand and Aggregate Supply】
- Key facts about economic fluctuations
- Explaining short-run economic fluctuations
- Determinants of aggregate demand
- The slope and position of the long-run aggregate supply curve
- Why the aggregate supply curve slopes upward in the short run