Question #236413

Discuss the determinants of the slope aggregate demand curve in detail ?


Expert's answer

Slope of aggregate demand curve is based on government purchases, investment, total consumption as well as next exports at every level of price for a given time. The slope goes downwards considering wealth impact on the consumption, impact of interest rate on investment as well as effect of international trade on the net exports.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS