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Nitella [24]
2 years ago
13

True or false: one factor that affects the slope of the aggregate demand curve is the multiplier effect.

Mathematics
1 answer:
Alenkasestr [34]2 years ago
7 0

One factor that affects the slope of the aggregate demand curve is the multiplier effect is a "true" statement.

<h3>What is aggregate demand curve?</h3>

Aggregate demand would be a macroeconomic term which refers to the total consumption of goods and services in a given period at any price level.

Some key features regarding the aggregate demand curve?

  • Since the two metrics are estimated in the same way, aggregate demand over time corresponds gross domestic product (GDP).
  • GDP is the total quantity of products and services created by an economy, whereas aggregate demand is indeed the desire or demand for those goods.
  • The aggregate demand as well as GDP rise or fall together as a result of using the same calculation methods.
  • All consumer goods, capital equipment (factories & equipment), export markets, imports, & government spending programs are included in aggregate demand.
  • As long as the variables trade for the same market value, they are all considered equal.

To know more about the aggregate demand curve, here

brainly.com/question/28056154

#SPJ4

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