-
Aggregate quantity demanded
Qunaitity of realGDP macroeconomics players plan to demand at different average price levels.
-
Law of aggregate demand
as average level of prices rise, aggregate quantity demanded decreases.
-
Demand shocks
Factors, other than average prices, changing aggregate demand.
-
How does aggregate demand change?
with changes in expectations, interest rates, government policy, GDP in R.O.W. and exchange rates.
-
What decreases aggregate demand?
Negative demand shocks, which are higher interest rates, lower government spending or higher taxes, decreased GDP in R.O.W. and higher value canadian dollar.
-
What increases aggregate demand?
Positive demand shocks increase aggregate demand, lower interest rates higher government spending or lower taxes, increased GDP in R.O.W. and lower value Canadian Dollar.
|
|
