AD components and curve logic
Break AD into consumption, investment, government spending, and net exports, then explain why the curve slopes downward.
Master C + I + G + (X-M), understand AD shifts, and connect policy changes to inflation, growth, and unemployment outcomes.
Practice this now in NovaLearnBreak AD into consumption, investment, government spending, and net exports, then explain why the curve slopes downward.
Evaluate fiscal and monetary policy impacts by discussing scale, timing, and confidence effects.
Compare short-run gains against inflation pressure, external balance constraints, and long-run productivity conditions.