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The followingSuppose an economy is initially in equilibrium at its potential output level. As a result of an unexpected pandemic, the AD curve suddenly shifts
The followingSuppose an economy is initially in equilibrium at its potential output level. As a result of an unexpected pandemic, the AD curve suddenly shifts to the left by a horizontal distance equal to $288 million. How much will the output fall as a result of this shift in demand? list of items is related to aggregate demand: 1 . Entrepreneurial ability 2 . Consumer expectations 3 . Degree of excess capacity 4 . Personal income tax rates 5 . Productivity 6 . National income abroad 7 . Business taxes 8 . Domestic resource availability 9 . Prices of imported products 1 0 . Profit expectations on Investments Which two factors would most likely cause a change in investment spending
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