Question 11 Draw the aggregate demand and aggregate supply curves and explain the following macroeconomics effect: 1. The price of oil increases. 2. Increase in taxes. 3. Increase in foreign wealth. в I + v Paragraph ... > III > lıli

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Q: QUESTION FOUR [20 4.1 Examine two (2) reasons for the downward-sloping aggregate demand curve. (1–…

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Q: 13. In recent months there have been • lots of pent-up demand post lockdowns (e.g. many people who…

A: During the post-lockdown period, aggregate demand increased while the aggregate supply fell.

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