Short-run spending factors - aggregate demand.

Standard 10. - the overall levels of output, employment, and prices in an economy flucuate in the short run as a result of the spending decisions of households, businesses, government, and others.

Benchmark - 9.2.5.10.1 - Describe factors that can lead to changes in short-run total spending (by households, businesses, governments, and foreigners) and changes in short-run output.

http://www.youtube.com/watch?v=L7ptmu6eZ1U&feature=player_embedded

 

Questions:

1.  What are some factors that will cause a shift in output?

2.  How will a change in the resource price effect the overall price?

3.  If new government regulations were to block foreign investment in America, what effect might that have on the economy?