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14 what cause a change in the quantity of aggregate

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Unformatted text preview: u think the effect in the “real world” would be this large? Explain your logic. 11)What are the main goals of the Federal Reserve System? 12) What shifts the Aggregate Supply Curve? 13) What causes a shift in the Aggregate Demand Curve? 14) What cause a change in the quantity of aggregate demand? 15) What do we expect to happen to Real GDP and the Price Level due to a fall in government spending? Carefully explain your answer. 16) Long run Aggregate Supply is vertical explain what this means. 17) Considering changes in Aggregate Supply and...
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This note was uploaded on 07/05/2013 for the course ECO 202 taught by Professor Normmiller during the Spring '08 term at Miami University.

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