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Class Work Aggregate Denied 1. Fill in your stowers in the table bellow Event Which Component of Aquregate Demand Aggregate Demand is increase! Decrease? affected?
Class Work Aggregate Denied 1. Fill in your stowers in the table bellow Event Which Component of Aquregate Demand Aggregate Demand is increase! Decrease? affected? New Technology comes to market: Commercial drones U.S. Government purchases ventilators from American manufacturers Dollar becomes stronger vs. Euro Yuan becomes weaker vs. Dollar Businesses expect lower sales due to pandemic All countries' GDP drops due to the pandemic Prices abroad increase relative to prices in the U.S. Government builds more hospitals The government decreases interest rates Stock market prices drop to record levels due to the pandemic Consumers become pessimistic due to the pandemic Prices rise as shortages appear due to the pandemic Concerned with the massive increase in the budget deficit, the government cuts transfer payments Experts fear the pandemic will cause political instability as the government is forced to violate civil rights, impose travel and currency restrictions, increase regulation and nationalize production of key goods and services. True/False a. If you are an American importer of goods, a weaker dollar will hurt you
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