Illustrate the effects of changes in various factors on a


All factors should be illustrated on one graph.

Illustrate the effects of changes in various factors on a nation's aggregate demand.

Include expectations about the future expectations, fiscal policy, monetary policy, and changes in the world economy.

Step 2:

What are the determinants of aggregate demand?

Examine changes in aggregate demand and aggregate supply, using the data from Step 1 and Step 2.

How do these changes affect the business cycle?

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Business Economics: Illustrate the effects of changes in various factors on a
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