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Graphically, it is depicted as the triangle-shaped area formed by the aggregate demand ... needed for your calculation. Specifically, you will need not only the supply curve but also the demand ...
The aggregate supply curve depicts aggregate supply graphically ... Imports and exports Government spending programs You can calculate aggregate demand by adding together the total amount of ...
The term ‘supply curve’ is only used to refer to the short-run aggregate supply, and the curve is upward sloping because the quantity of goods supplied increases as the price increases. An example of ...
Modern economists calculate aggregate demand using ... A change in aggregate demand shifts the AD curve to the left or the right if aggregate supply remains unchanged or is held constant.