Aggregate Demand and Aggregate Supply definitions

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  • Created by: Ciara27
  • Created on: 27-02-12 18:51

Key words for Aggregate demand and Aggregate supply :)

 Aggregate demand and Aggregate supply

Positive expectations – businesses expect the future sales and profits to improve due to factors like increased aggregate demand.

Negative expectations – businesses expect future sales and profits to be less due to factors like falling aggregate demand.

Accelerator effect –  the relation between the change in new investment and the rate of change of national income.

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Timetoshine2106

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because somebody didnt copy this out of the text book

Ciara27

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i did indeed

Ciara27

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KMT

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