Business Fluctuations and the Theory of Aggregate Demand
It’s a recession when your neighbor loses his job, it’s a depression when you lose yours. Harry Truman It’s a recession when your neighbor loses his job,
Aggregate Demand. Define aggregate demand Explain the determinants of aggregate demand.
Aggregate Demand (AD): Is the relationship between the general price level and total spending in the economy.
Robin Smail Consultant and Visiting Expert EIPA Macroeconomic indicators for the EU economy Macroeconomic indicators for the EU Economy 1.
