Read the article by Gregory Mankiw under Content Activities for Discussion Week 3 and our textbook material on aggregate demand and aggregate supply What shape is the aggregate demand curve What factors affect the positioning of the curve What shape are the short and long run aggregate supply curves What factors affect the curves In your own words, briefly explain Mankiw's explanation of the recession of 2020 How would you explain the more recent macroeconomy in terms of aggregate demand and aggregate supply curves

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Question: Read the article by Gregory Mankiw under Content - Activities for Discussion Week 3 and our textbook material on aggregate demand and aggregate supply What

Read the article by Gregory Mankiw under Content - Activities for Discussion Week 3 and our textbook material on aggregate demand and aggregate supply

What shape is the aggregate demand curve? What factors affect the positioning of the curve?
What shape are the short- and long-run aggregate supply curves? What factors affect the curves?
In your own words, briefly explain Mankiw's explanation of the recession of 2020?
How would you explain the more recent macroeconomy in terms of aggregate demand and aggregate supply curves?

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