What are the major factors that determine investment, and what impact does each have on aggregate demand?
Describe the difference between a microeconomics demand curve and an aggregate demand curve.
The aggregate demand curve portrays the relationship between price level and real GDP. What are the three reasons this relationship is a negative or inverse relationship? Provide brief illustrations of each.
What role do imports play in aggregate demand? Under which conditions will changes in imports expand aggregate demand? Reduce aggregate demand?