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FINANCIAL WEALTH, AGGREGATE DEMAND DETERMINANT: One of several specific aggregate demand determinants assumed constant when the aggregate demand curve is constructed, and that shifts the aggregate demand curve when it changes. An increase in financial wealth causes an increase (rightward shift) of the aggregate curve. A decrease in financial wealth causes a decrease (leftward shift) of the aggregate curve. Other notable aggregate demand determinants are interest rates, federal deficit, inflationary expectations, and the money supply.
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Lesson 11: Circular Flow | Unit 5: Real World
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Page: 22 of 22
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Topic:
Government Spending
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Government spending, purchases and transfer payments, is financed by indirect business taxes (IBT), Social Security taxes (SST), corporate profits taxes (CPT), personal taxes, and borrowing. Now Click
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ECONOMIC GROWTH, SOURCES Economic growth, the process of increasing the economy's ability to produce goods and services, can be achieved by increasing the quantity or quality of resources. The quantity option can include increases in the quantities of labor, capital, land, or entrepreneurship. The quality option primarily includes improvements in technology and human capital.
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RED AGGRESSERINE
[What's This?]
Today, you are likely to spend a great deal of time waiting for visits from door-to-door solicitors seeking to buy either a coffee cup commemorating the first day of spring or a printer that works with your stockpile of ink cartridges. Be on the lookout for rusty deck screws.
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A half gallon milk jug holds about $50 in pennies.
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"The road to success is always under construction. " -- Lily Tomlin, Actress
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ARP
Average Revenue Product
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