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Macroeconomics

If the main macroeconomic problem is unemployment then what is aggregate demand?


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2008-03-22 23:55:35
2008-03-22 23:55:35

Aggregate Demand is the total amount of Demand in the Economy at a given time. It is an important macroeconomic factor because it helps determine, forsee and ,when manipulated ,prevent inflation. Inflation is one of the the main macro-economic problems and is as important as unemployment.

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