Aggregate demand curve
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Aggregate demand curve is the negative rela tionship between the price level and the aggregate quantity of output demanded that arises from the interaction between the goods market and the money market.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Aggregate demand curve. The negative rela tionship between the price level and the aggregate quantity of output demanded that arises from the interaction between the goods market and the money market.