{"id":333,"date":"2024-05-30T03:23:22","date_gmt":"2024-05-30T03:23:22","guid":{"rendered":"https:\/\/course.oeru.org\/maec102\/?page_id=333"},"modified":"2024-05-30T03:23:22","modified_gmt":"2024-05-30T03:23:22","slug":"aggregate-demand-issues","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec102\/learning-pathways\/aggregate-demand\/aggregate-demand-issues\/","title":{"rendered":"Aggregate demand issues"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\"><div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"media\" src=\"https:\/\/course.oeru.org\/maec102\/wp-content\/themes\/oeru_course\/idevices\/Icon_multimedia.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Aggregate demand issues<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<p>\n<div data-mode=\"normal\" data-oembed=\"1\" data-provider=\"youtube\" id=\"arve-youtube-txropjg4dus\" style=\"max-width:400px;\" class=\"arve alignleft\">\n\t<div class=\"arve-inner\">\n\t\t<div style=\"aspect-ratio:500\/281\" class=\"arve-embed arve-embed--has-aspect-ratio\">\n\t\t\t<div class=\"arve-ar\" style=\"padding-top:56.200000%\"><\/div>\n\t\t\t<iframe allow=\"accelerometer &apos;none&apos;;autoplay &apos;none&apos;;bluetooth &apos;none&apos;;browsing-topics &apos;none&apos;;camera &apos;none&apos;;clipboard-read &apos;none&apos;;clipboard-write;display-capture &apos;none&apos;;encrypted-media &apos;none&apos;;gamepad &apos;none&apos;;geolocation &apos;none&apos;;gyroscope &apos;none&apos;;hid &apos;none&apos;;identity-credentials-get &apos;none&apos;;idle-detection &apos;none&apos;;keyboard-map &apos;none&apos;;local-fonts;magnetometer &apos;none&apos;;microphone &apos;none&apos;;midi &apos;none&apos;;otp-credentials &apos;none&apos;;payment &apos;none&apos;;picture-in-picture;publickey-credentials-create &apos;none&apos;;publickey-credentials-get &apos;none&apos;;screen-wake-lock &apos;none&apos;;serial &apos;none&apos;;summarizer &apos;none&apos;;sync-xhr;usb &apos;none&apos;;web-share;window-management &apos;none&apos;;xr-spatial-tracking &apos;none&apos;;\" allowfullscreen=\"\" class=\"arve-iframe fitvidsignore\" credentialless data-arve=\"arve-youtube-txropjg4dus\" data-lenis-prevent=\"\" data-src-no-ap=\"https:\/\/www.youtube-nocookie.com\/embed\/TXrOpjG4dUs?feature=oembed&amp;iv_load_policy=3&amp;modestbranding=1&amp;rel=0&amp;autohide=1&amp;playsinline=0&amp;autoplay=0\" frameborder=\"0\" height=\"224.8\" loading=\"lazy\" name=\"\" referrerpolicy=\"strict-origin-when-cross-origin\" sandbox=\"allow-scripts allow-same-origin allow-presentation allow-popups allow-popups-to-escape-sandbox\" scrolling=\"no\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/TXrOpjG4dUs?feature=oembed&#038;iv_load_policy=3&#038;modestbranding=1&#038;rel=0&#038;autohide=1&#038;playsinline=0&#038;autoplay=0\" title=\"The business cycle: video by Khan Academy\" width=\"400\"><\/iframe>\n\t\t\t\n\t\t<\/div>\n\t\t\n\t<\/div>\n\t\n\t\n\t<script type=\"application\/ld+json\">{\"@context\":\"http:\\\/\\\/schema.org\\\/\",\"@id\":\"https:\\\/\\\/course.oeru.org\\\/maec102\\\/learning-pathways\\\/aggregate-demand\\\/aggregate-demand-issues\\\/#arve-youtube-txropjg4dus\",\"type\":\"VideoObject\",\"embedURL\":\"https:\\\/\\\/www.youtube-nocookie.com\\\/embed\\\/TXrOpjG4dUs?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0\",\"name\":\"The business cycle: video by Khan Academy\"}<\/script>\n\t\n<div class=\"arve-error\"><p><small><abbr title=\"Advanced Responsive Video Embedder\">ARVE<\/abbr> error: maxwidth: <code>400px<\/code> is not valid<\/small><\/p><\/div>\n<\/div><br style=\"clear:both;\"><\/p>\n<p>As a primer, watch this short video by Khan Academy about the business cycle. Then, to get a deeper understanding, read the short articles below:\n<\/p>\n<ul>\n<li> Read this section on the <a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/www.wikiwand.com\/en\/Circular_flow_of_income#\/Five_sector_model\">&#8220;Five Sector Model&#8221;<\/a>, including the table listing leakages and injections. You should be able to write a formula equating the leakages to the injections and place each item into the expanded, comprehensive, and important version of the circular flow model.\n<\/li>\n<\/ul>\n<ul>\n<li> Read this article about the <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/en.wikibooks.org\/wiki\/Macroeconomics\/Multiplier_Process\">&#8220;simple multiplier&#8221;<\/a>. You should be able to use the formula from this article to calculate the multiplier&#8217;s numeric value given MPC = 0.80. The result suggests an outcome such as income or GDP increases about five times the amount of a change in consumer expenditures, as articulated in the readings.\n<\/li>\n<\/ul>\n<p>Let us know what your think by posting and sharing your thoughts on WENotes below. For example, complete the following statements:\n<\/p>\n<ul>\n<li> <i>I find the calculations complicated because &#8230;..<\/i>\n<\/li>\n<li> <i>I didn&#8217;t realise that &#8230;.&#8217;<\/i>\n<\/li>\n<li> <i>When someone talks about the business cycle they mean &#8230;<\/i>\n<\/li>\n<li> <i>or share any relevant thoughts and ideas you have on the readings or video<\/i>.\n<\/li>\n<\/ul>\n<div><p>You must be logged in to post to WEnotes.<\/p><\/div>\n<p><i>Note: Your comment will be displayed in the <a href=\"https:\/\/wikieducator.org\/Introduction_to_principles_of_macroeconomics\/Feed\" title=\"Introduction to principles of macroeconomics\/Feed\">course feed<\/a>.<\/i><\/p>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/p>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.020 seconds\nReal time usage: 0.025 seconds\nPreprocessor visited node count: 157\/1000000\nPreprocessor generated node count: 1076\/1000000\nPost\u2010expand include size: 5044\/2097152 bytes\nTemplate argument size: 3278\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:177086-0!*!0!*!*!2!* and timestamp 20240530032322 and revision id 1035728\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/maec102\/learning-pathways\/aggregate-demand\/economic-indicators\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/maec102\/learning-pathways\/aggregate-demand\/summary\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Macroeconomics_activity_and_demand\/Aggregate_demand_issues\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"09f464fefe835109b22d250578953fd6\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Macroeconomics_activity_and_demand\/Aggregate_demand_issues\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"09f464fefe835109b22d250578953fd6\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>\u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":323,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-333","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/pages\/333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/comments?post=333"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/pages\/333\/revisions"}],"predecessor-version":[{"id":334,"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/pages\/333\/revisions\/334"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/pages\/323"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/maec102\/wp-json\/wp\/v2\/media?parent=333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}