Ch. 20 Aggregate Demand and Aggregate Supply Consider naming two macroeconomic

Ch. 20: Aggregate Demand and Aggregate Supply
Consider naming two macroeconomic variables that decline when the economy goes into a recession.
Consider listing and explaining the three reasons the aggregate-demand curve slopes Consider the theory of liquidity preference. How does it help explain the downward slope of the aggregate-demand curve?
Ch. 21: The Influence of Monetary and Fiscal Policy on Aggregate Demand
Be prepared to give an example of a government policy that acts as an automatic stabilizer. Explain why the policy has this effect.
downward.
Ch. 22: The Short-Run Trade-Off Between Inflation and Unemployment
Consider what is “natural” about the natural rate of unemployment. Why might the natural rate of unemployment differ across countries?
Any topic form chapter 20-22
Any topic form chapter 20-22
Any topic form chapter 20-22

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