IS-LM Model - hw5 - Economics 312 Name(s Fall 2013 Homework#5 1 Please define the following terms or concepts(3 points a Aggregate Demand Represents the

IS-LM Model - hw5 - Economics 312 Name(s Fall 2013...

This preview shows page 1 - 2 out of 6 pages.

Economics 312 Fall 2013 Name(s) Homework #5 1.Please define the following terms or concepts: (3 points)a.Aggregate Demand– Represents the demand for all goods that consumers, the b.Aggregate Supply– Represents the number of goods all firms are willing to c.Natural Rate of Output d.Stagflation e.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture