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How price level affects aggregate expenditure and aggregate demand
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How price level affects aggregate expenditure and aggregate demand
9:02
About this lesson
Aggregate Expenditure & Demand with Price Level
- Wealth Effect
- Substitution Effect
- Changes in Price Level
- Changes in Aggregate Expenditure
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Video 1 of 3
How price level affects aggregate expenditure and aggregate demand
9 min
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How autonomous expenditure shifts aggregate demand without price level changes
6 min
Short-run and long-run effects of AD shifts on price level and the multiplier
16 min