Shift of the aggregate demand curve

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- List two changes that lead to a shift of the aggregate demand curve. Explain why each change shifts the aggregate demand curve and in which direction the curve shifts.

- List two changes that lead to a shift of the aggregate supply curve. Explain why each change shifts the aggregate supply curve and in which direction the curve shifts.

- How does a recession in Europe affect U.S. aggregate demand and the U.S. aggregate demand curve?

Reference no: EM132503260

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