Question: Please help me 1) why is the aggregate demand curve downward slopping? 2) what factors may cause the short run and the long run aggregate

Please help me 1) why is the aggregate demand curve downward slopping? 2) what factors may cause the short run and the long run aggregate supply curve to shy? 3) what is the classical view of economic management and how is this different from keynesian's view?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!