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ECON 101 > Short Run Income Determination > Flashcards

Short Run Income Determination Flashcards

1
Q

What determines aggregate demand?

A

C + I + G + (X - M)

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2
Q

What determines consumption?

A 
disposable income
price level (expectation0
income after you pay taxes
wealth
interest rate
taste
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ECON 101 (5 decks)

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