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Why does the AD curve slope downward… Show more DO NOT COP

Paper help Economics Why does the AD curve slope downward… Show more DO NOT COP

Economics

Why does the AD curve slope downward… Show more DO NOT COP

Why does the AD curve slope downward… Show more DO NOT COPY AND PASTE ANSWERS 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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