- You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor ;one aggregate demand ;factor and one aggregate supply ;factor that would have the greatest impact on the economy of your city.
- Explain how a ;decrease ;in aggregate demand affects each of the following variables: inflation rate, unemployment rate, production, and consumer confidence. Provide concrete examples to provide support for your response.
One easily read paragraph each
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