Good review video!
Bellwork: Compare a business selling shoes with the total sale of everything for the whole country. What might the two different graphs look like in terms of demand? Specifically, how do you think the X- and Y- axes would be labeled?
Objectives:
- define aggregate demand
- explain why the aggregate demand curve is downward sloping
- describe the factors that affect aggregate demand
- explain what factors will shift the aggregate demand curve
Homework: See Master Schedule for more details on homework
Absent? Review the slideshow below and take notes.
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