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Demand Analysis:The Consumer
The law of demand: as the price of a good rises, buyers will choose to buy less of it, and as its price falls, they buy more.
The graph of the inverse demand function is called the demand curve.
354The Aggregate Demand Curve:changes in private saving S.;money demand is insensitive to Y.
184Supply Analysis:The Firm:units of that input are employed.:Initially:levelproductive and less of them would be needed
160Excess Demand, Excess Supply:Excess Supply
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