Social Studies, 03.05.2022 14:00, Lolmickles968
Classify the events according to their impact on aggregate demand (AD).
1. A dramatic decline in the average price of houses will .
2. Increased concern that a recession is looming will .
3. An announcement by the central bank to maintain its existing monetary policy will .
4. A reduction in government spending will .
5. A dramatic improvement in the stock market, causing investors' wealth to rise, will .
6. A recession occurring in a trading partner's economy will .
7. An increase in income tax rates on individuals earning more than $450,000 per year will .
WORD BANK
not change AD.
increase AD.
decrease AD.
Answers: 3
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Classify the events according to their impact on aggregate demand (AD).
1. A dramatic decline in t...
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