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During the 1920s,Thomas Hunt Morgan was one of the American pioneers in
Aggregate Demand Curve
A graphical representation that shows the total quantity of goods and services demanded across all levels of prices in an economy.
Loanable Funds Effect
A theory that describes the market interaction between the demand for and supply of loanable funds, influencing interest rates.
Real Balances Effect
The impact of price level changes on the purchasing power of consumers' money holdings, influencing their spending and saving behavior.
Jean Baptiste Say
A French economist known for Say's Law, which suggests that supply creates its own demand in the economy.
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