Why does the aggregate demand curve slope downward

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ASSIGNMENT

Q1. How is the aggregate demand curve different from the demand curve for a single good, like hamburgers?

Q2. Why does the aggregate demand curve slope downward?

Q3. How does an increase in foreign income affect domestic aggregate expenditures and demand?

Q4. How does a decrease in foreign price levels affect domestic aggregate expenditures and demand?

Q5. How is the aggregate supply curve different from the supply curve for a single good, like pizza?

Q6. Describe the four functions of money?

Q7. What is a financial intermediary?

Q8. What is the Eurocurrency market, and how is banking in the Eurocurrency market different from banking?

Q9. What are IBFs? Why do you think they were legalized?

Reference no: EM131755516

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