Aggregate Demand Curves
Understanding of the aggregate demand curve depends on whether it is examined based on changes in demand as income changes, or as price change.
Read more about this topic: Aggregate Demand
Famous quotes containing the words aggregate, demand and/or curves:
“a fortress against ideas and against the
Shuddering insidious shock of the theory-vendors
The little sardine men crammed in a monster toy
Who tilt their aggregate beast against our crumbling Troy.”
—Louis MacNeice (1907–1963)
“But compared with the task of selecting a piece of French pastry held by an impatient waiter a move in chess is like reaching for a salary check in its demand on the contemplative faculties.”
—Robert Benchley (1889–1945)
“For a hundred and fifty years, in the pasture of dead horses,
roots of pine trees pushed through the pale curves of your ribs,
yellow blossoms flourished above you in autumn, and in winter
frost heaved your bones in the ground—old toilers, soil makers:
O Roger, Mackerel, Riley, Ned, Nellie, Chester, Lady Ghost.”
—Donald Hall (b. 1928)