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When you combine all the spending in the whole economy, you’re looking at aggregate demand. We can see how this spending changes based on price levels and what that means for productivity in the economy through plotting and shifting the aggregate demand curve.
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Chapters:
0:00 – Introduction
0:52 – The Components of Aggregate Expenditures
3:08 – Aggregate Expenditures and The Aggregate Demand Curve
4:45 – What Changes What We Buy as a Whole Economy?
9:25 – Aggregate Demand Shifts in The Real World
10:28 – Conclusion
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