torresalexander454 torresalexander454

07-05-2024
Advanced Placement (AP)

Answered

Assume a country's economy is operating below
full employment.
a) Draw a correctly labled graph of aggregate
demand
i) The current equilibrium real output and price le
labled as Y, and PL., respectively
il) The Full employment cutpat, labled as YF
(b) Identify one fiscal Policy action the country's
government can take to restore full employment.
Show graph

Answer :

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