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:
“The aggregate of all knowledge has not yet become culture in us. Rather it would seem as if, with the progressive scientific penetration and dissection of reality, the foundations of our thinking grow ever more precarious and unstable.”
—Johan Huizinga (1872–1945)
“One cannot demand of a scholar that he show himself a scholar everywhere in society, but the whole tenor of his behavior must none the less betray the thinker, he must always be instructive, his way of judging a thing must even in the smallest matters be such that people can see what it will amount to when, quietly and self-collected, he puts this power to scholarly use.”
—G.C. (Georg Christoph)
“At the end of every diet, the path curves back toward the trough.”
—Mason Cooley (b. 1927)