Why does the AD curve slope downward? Why does the AS curve slope upward? How is the

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Why does the AD curve slope downward? Why does the AS curve slope upward? How is the AS/AD graph like a standard supply-and-demand diagram? How is it different?

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Feb 25, 2016 06:33 AM

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Why does the AD curve slope downward? Why does the AS curve slope upward? How is the

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AD slopes downward because of the link running from the Taylor rule to the IS curve If ...View the full answer

Macroeconomics

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