International Baccalaureate Economics (Aggregate demand - macro ) Karteikarten am Aggregate demand , erstellt von 09serukenyahol am 11/04/2015.
|
Erstellt von 09serukenyahol
vor mehr als 9 Jahre
|
|
Schließen
|
|
Erstellt von 09serukenyahol
vor mehr als 9 Jahre
|
|
Aggregate demand equation
Aggregate demand curve
Why does the aggregate demand curve slope downwards?
- competitiveness of goods abroad?
Is real income less or more?
Real income effect
Real balance effect
International substitution effect
- give an example
AD will shift when..
There are three factors that shift the AD curve
Fiscal policy
Monetary policy
Monetary policy pt 2
Exchange rates (XR)
AD = C +I +G = (X-M)
Changes in expectation
changes in household wealth
C
I
G
x
M
What causes changes investment?
