1
answer
0
watching
56
views
29 Sep 2019
Quote a recent event and discuss a change to GDP caused by one factor that influences aggregate demand or aggregate supply. Such as a change in productivity, the price of inputs "supply shock", change in personal consumption and consumer consumption, change in business confidence and investement, or change in imports/exports.
1) What is the ONE factor that changed the GDP and why?
2) Explain how such a shift would appear (be graphed) on an aggregate supply/demand model, would it shift at all and which direction would it shift?
Quote a recent event and discuss a change to GDP caused by one factor that influences aggregate demand or aggregate supply. Such as a change in productivity, the price of inputs "supply shock", change in personal consumption and consumer consumption, change in business confidence and investement, or change in imports/exports.
1) What is the ONE factor that changed the GDP and why?
2) Explain how such a shift would appear (be graphed) on an aggregate supply/demand model, would it shift at all and which direction would it shift?
1
answer
0
watching
56
views
For unlimited access to Homework Help, a Homework+ subscription is required.
Joshua StredderLv10
29 Sep 2019