Slide 1Unit 2: Aggregate Demand and Supply and Fiscal Policy 1 Slide 2 Topic 1: Aggregate Demand 2 Slide 3 Aggregate Demand is all the goods and services that buyers are…
1. Basic Macroeconomic Relationships 2. CHAPTER OVERVIEW • Identify the consumption & savings functions: what influences them? • What are the non income determinants…
Slide 1 Unit 2: Aggregate Demand and Supply and Fiscal Policy Slide 2 Topic 1: Aggregate Demand Slide 3 Aggregate Demand is all the goods and services that buyers are willing…
Slide 1 AP EXAM REVIEW UNIT 3 NATIONAL INCOME AND PRICE DETERMINATION Slide 2 Marginal Propensity to consume A. Marginal = extra B. proportion of any change in income that…
AGGREGATE EXPENDITURES Frederick University 2014 Aggregate Demand (AD) AD – the quantity of GDP, which the economic agents are planning to buy at every price level, ceteris…