How does increase in foreign income affect domestic demand, Macroeconomics

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How does increase in foreign income affect domestic demand

Problem

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

2. How does an increase in foreign income affect domestic aggregate expenditures and demand? Draw a diagram to illustrate your answer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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