ECO 203 Week 2 Discussion 2 | Assignment Help | Ashford University(2020)

ECO 203 Week 2 Discussion 2 | Assignment Help | Ashford University(2020) 

Week 2 - Discussion 2

Aggregate Demand and Aggregate Supply

Prior to beginning work on this discussion, read Chapter 6 in the course text and respond to the following components:

·         Discuss the reasons why the aggregate demand (AD) curve slopes downward.

·         What causes the AD curve and aggregate supply (AS) curve to shift, respectively?

·         How would a change in AD and AS affect the economy, respectively?

·         Why do Keynesian economists emphasize AD whereas classical economists emphasize AS?

Your initial post should be a minimum of 300 words.

Guided Response: Respond substantively (a minimum of 100 words) to at least two of your classmates’ posts. What is different or similar between your post and your classmates’ posts? What advice could you offer your classmates? Substantive responses use theory, research, and experience or examples to support ideas and advance the class knowledge on the discussion topic.

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