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Explain the Relationship Between the Aggregate Expenditures Model in Graph

Question 22

Essay

Explain the relationship between the aggregate expenditures model in graph (A) below and the aggregate demand model in graph (B) below where aggregate demand is shifting. Explain the relationship between the aggregate expenditures model in graph (A) below and the aggregate demand model in graph (B) below where aggregate demand is shifting.

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In (A) we assume that some determinant o...

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