The government of South Africa responded to the COVID 19 pandemic by implanting a number of short-term measures to save the economy. Using the Aggregate Demand- Aggregate Supply (AD-AS) model can be used to illustrate that by choosing the right combination of measures (policies) it is possible for the economy to grow and ease the distress on the economy. Discuss four demand-side measures that policy makers can implement to expand the economy?

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A: Aggregate demand and aggregate supply determine the equilibrium level of real in the economy.

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A: Basics:- Aggregate Demand = Consumption + Investment + Government Spending + (Export - Import)

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Q: Refer to the information provided in Figure below to answer the question that follow. AD AD AD?…

A: b. D.

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A: Meaning of Aggregate Demand and Aggregate Supply: The term aggregate demand refers to the…

Q: macro-economy

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Q: With reference to the Keynesian approach, explain the main components of aggregate demand

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Q: Use the following graph to answer the next question.     In the figure, AD1 and AS1 represent the…

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Q: Please assist with the following  An increase in the price of oil is an example of a negative…

A: An increase in the price of oil is an example of a negative supply shock.

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Q: Q9

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