Exam 9: B : an Introduction to Basic Macroeconomic Markets

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What are the three reasons why the aggregate demand curve slopes downward? Give an example of each.

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Which of the following are leakages from the circular flow of income?

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In the short run, if prices were above equilibrium,

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How does the aggregate goods and services market differ from the regular supply and demand graph in Chapter 3? Address the measures of price, quantity, and the demand and supply curve(s).

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