Suggest the reasons and causes for the downward tailspin

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An unanticipated change in the growth rate of aggregate demand affects production and employment before they affect prices. Speculate why this occurs. Provide support for your response. •The global economy in 2011 appears to be headed into a double-dip recession. Based on your knowledge of aggregate demand and aggregate supply, suggest the reasons and causes for the downward tailspin of the economy. Provide support for your response.

Reference no: EM13148984

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