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Page 1: Macroeconomic indicators

ECON2

Macroeconomic IndicatorsAnswer all the questions below

1. Define the term Aggregate Demand2. Define the term Aggregate Supply3. Explain each of the following and why they can be used to

show how a country’s economy is performinga. Sustained Economic Growthb. Full Employmentc. Stable Pricesd. Current Account Balance

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