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.
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Famous quotes containing the words aggregate, demand and/or curves:
“We think of religion as the symbolic expression of our highest moral ideals; we think of magic as a crude aggregate of superstitions. Religious belief seems to become mere superstitious credulity if we admit any relationship with magic. On the other hand our anthropological and ethnographical material makes it extremely difficult to separate the two fields.”
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“At the end of every diet, the path curves back toward the trough.”
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