Today we talked about aggregate demand
AD = G + C + I (X - M)
We need to know the four macroeconomics aims of government policy.
1. reduce unemployment
2. reduce inflation
3. balance of payment
4. growth
There are three policies
1. fiscal
2. monetary policy
3. supply side
There are five key diagrams and they all use aggregate demand and aggregate supply
Diseconomies of scale
7 years ago
spelling....'aggregate' in the post title
ReplyDeleteYou haven't added the other blogs to your blog.........