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Aggregate demand curveA graphical representation of the relation between aggregate expenditures on real production and the price level, holding all ceteris paribus aggregate demand determinants constant. The aggregate dema [..]
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Aggregate demand curveDefinition Analogous to the demand curve, a theoretical graph showing the aggregate demand at different price levels.
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Aggregate demand curveA graphical depiction of the amounts of real output (gross domestic product or GDP) that buyers collectively desire to purchase at each possible price level.
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Aggregate demand curveIn macroeconomic theory the aggregate demand curve relates the level of real national income (GDP) demanded (the total quantity of goods and services demanded) to the price level (as measured by the G [..]
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Aggregate demand curvea curve relating the total demand for the economy's goods and services at each price level, given the level of wages
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Aggregate demand curvea curve relating the total demand for the economy's goods and services at each price level, given the level of wages
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