Aggreagte demand Study guides, Study notes & Summaries

Unit 14 Summary Economics 144 Last document update:   ago

This summary of unit 14 explains the multiplier model and effect in great detail such as the formula, the calculations, examples, and the definition. The multiplier and aggregate demand function are linked and this explains it graphically and in the calculation tables. Wealth and The Great Depression are mentioned briefly with tables, graphs, and examples explaining them in a way that is easy to understand and read. There are different components to aggreagte demand and this summary explains eac...

Unit 13 Summary Economics 144 Last document update:   ago

This summary of unit 13 introduces the different components of GDP and aggregate demand. There are examples of how to measure GDP growth and aggregate demand with different calculations and formulas. There are graphs on how fluctuations effect the economy and how the economy can overcome those shocks, as well as different types of shocks.