2.2.1 The characteristcs of AD

2.2.1 The characteristcs of AD

c) The AD curve

d) The distncton between a movement along, and a shift of, the AD curve

Aggregate Demand Curve Shifts

Outward Shift
Interest rates Taxes rise Lower inflaton Firms expect Government Exchange rate

Evaluaton
Interest rates Taxes Inflaton Firms expected profts
Exchange rates