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Download aggregate supply aggregate demand krugman 2nd ed
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AP ECONOMICS Unit Guide: Aggregate Demand & Aggregate Supply Key Terms & Ideas Wealth Effect Interest Rate Effect Supply/Demand Shock Multiplier Commodities Sticky Wages Stagflation Recessionary/Inflationary Gap AD-AS Model Marginal Propensity to Consume/Save LRAS vs SRAS Autonomous consumer spending Stabilization Policy Stagflation Fiscal/Monetary Policy Key Questions Why is the Aggregate Demand Curve downward sloping? What factors shift the Aggregate Demand Curve? What factors shift the Aggregate Supply Curve? Why is there a long run and short run supply curve? What stabilizing policies does the government have at its disposal, when are they used? How does fiscal policy have a multiplier effect? Readings [Krugman 2nd Ed.] Aggregate Demand Aggregate Supply Short Run Long Run Equilibrium Economic Policy Multiplier Effect Pages 172 - 177 Pages 180 - 185 Pages 186 - 189 Pages 192 - 198 Pages 201 – 208 Pages 158 – 161 Pages 211 – 215 Links Great [yeah, I know what you’re thinking] three minute video on Aggregate supply & demand https://www.youtube.com/watch?v=em5Wqg1IVp8
