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During the pandemic of 2020, stimulus checks were sent to qualifying individuals. Some people chose to save their money, rather than spend it. This led
During the pandemic of 2020, stimulus checks were sent to qualifying individuals. Some people chose to save their money, rather than spend it. This led to a smaller rightward shift in the aggregate demand (AD) than expected. a larger rightward shift in the aggregate demand (AD) than expected. a desire to increase consumption. a smaller leftward shift in the aggregate demand (AD) than expected
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Microeconomics and Behavior
Authors: Robert Frank
9th edition
9780077723750, 78021693, 77723759, 978-0078021695
