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In the Keynesian framework, which of the following events might cause a recession? Which might cause inflation? Explain your answers using Aggregate Demand/Aggregate Supply. -A

In the Keynesian framework, which of the following events might cause a recession? Which might cause inflation? Explain your answers using Aggregate Demand/Aggregate Supply.

-A large increase the price of the homes that people own.

-Rapid growth in the economy of a major trading partner.

-The development of a major new technology offers profitable opportunities for business.

-The interest rate rises.

-The good imported from a major trading partner become much less expensive.

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