Title | EC140 - Lecture notes All |
---|---|
Author | Ethan Thompson |
Course | Introduction to Macroeconomics |
Institution | Wilfrid Laurier University |
Pages | 17 |
File Size | 1.8 MB |
File Type | |
Total Downloads | 266 |
Total Views | 324 |
ECHOIF. AEcurve shiftsinresponsetoapricechange.tooppositeshift to directionofpricechange ChangesinPrice levelaffects desiredconsumptionexpenditure,desired netexportsPriceRaise PriceDropAE CurveAE=yAE cureAE- Y'bE, AE, b I -EoAtoJT9 Atoto •I9 -I←&AE, EoontoorA E,D pricerises,AEshits pricefall...
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