1 what is aggregate expenditure briefly describe each of, Ask an Expert

Finance

1. What is aggregate expenditure? Briefly describe each of the four components of aggregate expenditure.

2. Why is the AD curve downward sloping?

3. What are real money balances? What is the primary reason that households and firms demand money? Why is the demand for real money balances downward sloping?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92057528

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