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Why does… Show more ORIGINAL ANSWERS MUST BE PROVIDED, NI

Paper help Economics Why does… Show more ORIGINAL ANSWERS MUST BE PROVIDED, NI

Economics

Why does… Show more ORIGINAL ANSWERS MUST BE PROVIDED, NI

Why does… Show more ORIGINAL ANSWERS MUST BE PROVIDED, NI COPY AND PASTE I. The slope of the AD curve: a) Why does the AD curve slope downward? b) If the AD curve were more steeply sloped, how would the economy respond differently aggregate demand shocks (shocks to a-bar)? c) If the curve were more steeply sloped, how would the economy respond differently to aggregate supple shocks (shocks to o-bar)? d) What kind of economic changes in the economy would lead the curve to be more steeply sloped? • Show less

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