mjb08a_M61_RETURNED - Aggregate Demand and Supply Changes...

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Aggregate Demand and Supply Changes Inflation Price Demand 1 Supply 1 Demand 2 (Add 2 to Demand 1) $1.00 10 1 12 $2.00 9 2 11 $3.00 8 3 10 $4.00 7 4 9 $5.00 6 5 8 $6.00 5 6 7 $7.00 4 7 6 $8.00 3 8 5 $9.00 2 9 4 $10.00 1 10 3 Capital T or F Question for T or F T Quantity demanded increases and unemployment decreases. T Demand increases and unemployment decreases. Supply Increases and unemployment decreases. Quantity supplied increases and unemployment decreases. Inflation decreases as price rises. 0 1 2 3 4 5 6 7 8 9 10 11 12 $- $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 Aggregate Demand and Aggregate Supply Qty Price
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Aggregate Demand and Supply Changes Recession and Unemployment Price Demand 1 Supply 1 Demand 2 (minus 1 from Demand 1) $1.00 10 1 9 $2.00 9 2 8 $3.00 8 3 7 $4.00 7 4 6 $5.00 6 5 5 $6.00 5 6 4 $7.00 4 7 3 $8.00 3 8 2 $9.00 2 9 1 $10.00 1 10 0 Capital T or F Question for T or F F Quantity demanded increases and unemployment decreases. F
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This note was uploaded on 05/01/2010 for the course BUS 5529 taught by Professor Wood during the Spring '10 term at Abilene Christian University.

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mjb08a_M61_RETURNED - Aggregate Demand and Supply Changes...

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