Outline Essay Example | Topics and Well Written Essays - 250 words - 9

delimitate - Essay ExampleThe introduction part points out that some of the basic economic factors alike(p) price, income and unemployment stomach largely affect the whole social and political systems within a country.The body part of the subject analyses aggregate demand curve and aggregate grant curve, with emphasis on how price and other determinants like technology, consumer spending and wealth, exchange rate, investment and government spending etc affect aggregate demand and aggregate supply curve. With the answer of diagram, the paper emphasizes that the curve of aggregate demand will always be downward tip because of major three factors that are real-balance effect, interest rate effect and foreign purchase effects (McConnel and Brue, 194- 195). With the help of both short run and long run aggregate supply curves, the paper addressed constitute factors that can shift the curves.The paper concludes with opinions from authors point of view and with suggestions for conduc ting further analysis on the effects of exchange rates and impacts of unused resources on long run aggregate supply