State and Local Governments During Recessions. During recessions, state governments often will have to raise taxes and cut spending in order to keep their own budgets balanced. If a large number of states do this, at the national level, the aggregate demand curve will

Question

babbiegirl3842 babbiegirl3842

13-12-2019
Business

contestada

State and Local Governments During Recessions. During recessions, state governments often will have to raise taxes and cut spending in order to keep their own budgets balanced. If a large number of states do this, at the national level, the aggregate demand curve will

Respuesta :

Otras preguntas

in business buying price is very important because of

Wizard of Oz: what is the china princess afraid of?

triangle ABC has vertices A(-4,3) B(2,3) and C(-5,1)

The area of a rectangle is [tex]14ft^2[/tex], and the length of the rectangle is [tex]3ft[/tex] less than twice the width. Find the dimensions of the rectangle.

What is the major ethnic group in western Russia

33 points if someone can answer these questions PLEASE!!

this is my question :)

A student wants to write a letter to city representatives explaining the effects of not having a community center. What are some possible effects of this proble

what methods were used to implement the policy of containment?

What is the equation to this answer?????

Аноним Аноним · Answer 1 · 2019-12-16T05:09:51+01:00

Answer:

The correct answer is Shift to the left since both of these actions are contractionary.

Explanation:

The aggregate demand is the total goods and services demanded by a country, at a certain price level, in a certain period of time.

The aggregate demand that can be accounted for measures exactly the same as GDP. So many times they are used as synonyms.

The aggregate demand curve graphically represents all the combinations between the price level and the national production with the money market and the goods market. The higher the prices, the lower the aggregate demand. The IS-LM model represents the aggregate demand curve.

State and Local Governments During Recessions. During​ recessions, state governments often will have to raise taxes and cut spending in order to keep their own budgets balanced. If a large number of states do​ this, at the national​ level, the aggregate demand curve will

Respuesta :

Otras preguntas

State and Local Governments During Recessions. During recessions, state governments often will have to raise taxes and cut spending in order to keep their own budgets balanced. If a large number of states do this, at the national level, the aggregate demand curve will