Question
Using the model of aggregate demand (AD) and aggregate supply (AS), explain the impact on price and Gross Domestic Product (GDP) levels if the government
Using the model of aggregate demand (AD) and aggregate supply (AS), explain the impact on price and Gross Domestic Product (GDP) levels if the government carries out the following policies:
(i) Setting up of 1 Malaysia shops to provide basic necessities at low prices. (4 marks)
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International Business
Authors: John Daniels, Lee Radebaugh, Daniel Sullivan
16th edition
134200055, 978-0134201542, 013420154X, 978-0134200057
