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The Aggregate Demand Curve: A Defense

John M. Barron and Gerald J. Lynch
The Journal of Economic Education
Vol. 18, No. 1 (Winter, 1987), pp. 41-46
Published by: Taylor & Francis, Ltd.
DOI: 10.2307/1182394
Stable URL: http://www.jstor.org/stable/1182394
Page Count: 6
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The Aggregate Demand Curve: A Defense
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Abstract

In an article in this journal (fall 1985), Hansen, McCormick, and Rives argued that the derivation of the aggregate demand curve rested on a flimsey foundation. Barron and Lynch defend the commonly used analysis, and Hansen et al. offer a rebuttal.

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