analyze the business cycle What are the determinants of aggr

analyze the business cycle

What are the determinants of aggregate demand?

Examine changes in aggregate demand and aggregate supply, using the data from Step 1 and Step 2.

How do these changes affect the business cycle?

Solution

The 4 determinant of aggregrate demand are

1. Changes in consumption

2. Changes in investing spending

3. Changes in goverment policy

4. Changes in net exports

analyze the business cycle What are the determinants of aggregate demand? Examine changes in aggregate demand and aggregate supply, using the data from Step 1 a

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