dark-wraith.com
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The third panel below is when the piper starts to get paid Some of those previously sticky wages start coming unstuck as businesses producing more output have to start bidding for
personal.psu.edu
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effect on GDP only on the price level Temporarily real GDP and the level of employment can be above their natural levels A decrease in aggregate demand results in a recession A decrease in aggregate demand say due to a decrease in consumer confidence shifts the AD curve down to the left The economy moves to a short run equilibrium at point B Real GDP
From Yahoo Image Search: 'Aggregate demand'
Mon Sep 6 17:23:20 2010 [ refresh local cache ]
