Macroeconomics

Card Set Information

Author:
blockerbella
ID:
208390
Filename:
Macroeconomics
Updated:
2013-03-19 20:23:10
Tags:
economics
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Description:
Macroeconomics definition
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  1. aggregate demand
    shows the total quantity of goods and services consumed at different price and output levels
  2. aggregate demand/ aggregate supply (AD/AS) model
    uses aggregate demand and aggregate supply to determine and explain price level, real domestic output, disposable income, and employment
  3. aggregate expenditure

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