Solution-Future economic growth as unemployment rises

Future economic growth as unemployment rises

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Reference no: EM131987965

Explain how each of the following events in questions 2, 3 would affect the aggregate demand curve.

1. Consumers become more pessimistic about the future economic growth as unemployment rises.

2. Domestic prices increase, which decreases exports.

Reference no: EM131987965

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Future economic growth as unemployment rises

Reference no: EM131987965

Reference no: EM131987965

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