Aggregate Demand- Macro Topic 3.1

Hey econ students! This video explains the shape of the aggregate demand curve and gives you a chance to practice. Remember, the AD curve is downwards sloping for three reasons: the real wealth effect, the interest rate effect, and the exchange rater effect. As for shifts, anything that changes C, I, G, or X-M will shift the curve. Look in the comments below for the answers to the multiple-choice questions at the end of the video. Thanks for watching.

[JacobAClifford]

The answers to the practice multiple-choice questions are below. Just click on "Read more".



1. A
2. D
3. D
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[BeMyVforever]

AD:
1. AD increase, shift right - Investment
2. AD Decrease, shift left - Expectations
3. AD Increase, shift right - Consumer spending
4. AD Decrease, shift left - Net Export
5. AD Increase, shift right - investment
6. AD Decrease, shift left - Consumer spending

[geovy]

It's crazy how, even if Jacob is a good man and explains everything with such a positive energy, I can't figure it out 😂.

[TFNeoLS]

During my 2nd semester in college, when I took macro, for the first dew days I didn’t have much helpful resources provided by my professor until I, myself, stumbled upon this channel that accurately explains macro topics in a few mins.
So I gotta say kudos to you, Jacob! 😄

[vanshjain]

Thank you Mr.Clifford! You are the hero I didn't think I need, BUT I DEFINITELY NEED to ace my IB econ tests :D

[anedloh]

Hey Jacob! Im currently enrolled in an online accelerated macro class with almost zero professor/student interaction and your videos have really been a life saver. More so this week as we're learning AS-AD, Multipliers, Fiscal Policy, Deficits and Debt. Thank you for loving Econ!

[mathewbanana]

I'm so thankful for how easy and fun you've made Economics ... Thank you Jacob Clifford for being the teacher I always needed.

[hugowijaya]

Dang... you released this video just as i'm learning aggregate demand in school this week. Talk about perfect timing! By the way, i'm a university student and i love watching your videos as quick recaps of past topics as a refresher. Awesome work Jacob!

[oluwakemiakereyeni.]

God bless you for all the great works.
I have become a better Economics teacher through your videos and still following to become greater.
Thank you so much.

[dianesharp]

Your videos have helped me in micro. Macro is kicking my butt right now, so thank you for being here

[vadervandevaders]

You help me through a hard time man i love your videos! i've today my economic exam and your videos explained it in a easy way!

[SalvadorTarantino]

You are the best man. Never seen someone so good at teaching.

[rockerarishe]

Hello Jacob. Hope you're well! Your videos in high school (9 years ago for me) made me fall in love with Econ. Just finish my undergrad in business also used your videos throughout my time at uni haha... thanks so much! ☺️

[cfshjkk]

Mr. Clifford is still helping me survive these Econ classes! Thank you Sir!

[EmmaOstrom]

I watch these videos for hours the week of a macro exam, you do Gods work mr Clifford

[naimasadiq]

YOU'RE LITERALLY THE ONLY PERSON I UNDERSTAND ECONOMICS FROM, THANK YOU SO MUCHH

[nathanielben-meir]

This man is so down to earth. @JacobClifford we appreciate your passion and the effort you put into these videos, thank you so much!

[aumber]

I really have to thank you for your vidoes! Out of all the videos I tried watching for economics I really couldn't focus on them. Yours have really impacted my learning. Thank you! and rock on AC/DC!!!!

[kmmjkmmj]

All I wanna say is thank god for you, i have the worst teacher ever, and i suffer in this class until I watch your videos . Love you mate

[filopride]

You're quite possibly, the best teacher I've ever had. And we've never even met!