What are the factors that make up the ad curve

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Reference no: EM133877245

Q1. Distinguish between neoclassical and Keynesian economists.

Q2. What are the factors that make up the AD curve?

Q3. How do changes in private investment affect the AD curve?

Q4. To increase the Aggregate Supply curve, meaning shifting it to the right, what type of changes are needed? Do these changes happen quickly? Explain

Q5. What effect does a reduction of income taxes have on consumers? How does this affect the AD curve?

Q6. If the economy is experiencing supply chain issues and the federal government continues deficit spending, explain how this will affect inflation.

Q7. If the economy is operating near potential GDP and the federal government institutes a policy of fiscal stimulus to the economy? To what degree does this change the real GDP level of the economy? Please explain. How will this policy affect the price level? Explain No Ai and very short answer.

Reference no: EM133877245

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