Which of the following changes will shift AD1 to AD2?
A. A cut in personal and business taxes
B. An increase in the value of the dollar relative to other currencies
C. A shrinkage in the value of stocks and other financial assets
D. An increase in real interest rates
A. A cut in personal and business taxes
Economics
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Unemployment is not only bad for the economy due to the loss of goods and services. Describe some other reasons why unemployment has a negative effect on the economy
What will be an ideal response?
Economics
Economies of scopeare savings acquired by
A. producing many goods simultaneously. B. producing enough of one good to reach the minimum efficient scale of production. C. selling one product at a loss but selling other products at a profit. D. decreasing the regulation of an industry.
Economics