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Please anwser questions 1 3 and 4 If GDP = C + I and if G D P = C + S , then =
Please anwser questions and
If GDP I and if
then
LO
Given the information in Figure and assuming
an interest rate of percent: a Will the economy
beat equilibrium? b Will savings equal investment?
c What will happen, according to the classical
economists? LO
shifts from to what happens to the level of
prices and to output? c If aggregate demand shifts
from to what happens to the level of prices
and to output? LO
FIGURE
Given the information in Figure : a Which
aggregate demand curve represents our economy
during the Great Depression? b Which aggregate
demand curve represents our economy during nearly
all the years since World War IIc Which aggregate
demand curve represents our economy during
a period of full employment with a great deal of
inflation? LO
FIGURE
Given the information in Figure : a If aggregate
demand shifts from to what happens to the
level of prices and to output? b If aggregate demand
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