Find the aggregate demand of these three people (is the answer a, b, or c below--Circle) (b) Aggregate MTWP | Aggregate MWTP | Aggregate MWTP (S/ppm) (а) DO level (ppm) ($/ppm) 27 (S/ppm) 1 1 2 21 1 3 15 4 3 4 9. 9 4 5 4 15 6. 1 21 6. 7 27 7

how do you define Aggregate Demand? Give a few example in our current economy. (Paragraphs)

what is the importance of aggregate demand?

Define what economists mean when they use the word: “recession”?

To determine the price level and aggregate output, the aggregate demand and aggregate supply must

How does the economy return to equilibrium in response to changes in aggregate demand (AD) and aggregate supply (AS) in both the short run and long run.

What is short term aggregate supply and how does it differ from long term aggregate supply? Also, what can an economy do that desires to increase long term aggregate supply?

Which of the following would increase aggregate demand?   A) Increase in taxation.   B) Increase in savings.   C) Decrease in consumption spending.   D) Increase in government spending.

Please Define Aggregate supply in no more than 3 lines

What are the four reasons why aggregate demand curves might shift? Briefly explain each one of them.