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During the first phase of COVID-19, aggregate demand dropped drastically. If one considers the private sector of the economy, why did this happen? because COVID
During the first phase of COVID-19, aggregate demand dropped drastically. If one considers the private sector of the economy, why did this happen?
- because COVID spread quickly
- because the government announced lock down
- because demand fell
- because the consumption level fell
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
