Channel: Jacob Clifford

Category: Education

Tags: macroeconomicsmacroeconomicsadaggregate demand

Description: Hey econ students! This video explains the shape of the aggregate demand curve and gives you a chance to practice. Remember, the AD curve is downwards sloping for three reasons: the real wealth effect, the interest rate effect, and the exchange rater effect. As for shifts, anything that changes C, I, G, or X-M will shift the curve. Look in the comments below for the answers to the multiple-choice questions at the end of the video. Thanks for watching. Need more help? Check out the Ultimate Review Packet: ultimatereviewpacket.com