Business, 25.11.2019 20:31, angelb2472

If an economy experiences a decrease in aggregate demand due to a decline in consumer confidence and output falls below potential gdp, which of the following is likely to occur?
a. rise in unemployment
b. more consumption and less saving
c. immediate adjustment back to potential gdp
d. increase in price inflation

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If an economy experiences a decrease in aggregate demand due to a decline in consumer confidence and...