aggregate demnad and aggregate supply in market a) using an ad-as diagram, explain what happens if personal income taxes increases b) explain what will happen to an ad-as diagram, if there is a decrease in input prices c) explain the changes in wages can affect equilibrium
aggregate demnad and aggregate supply in market a) using an ad-as diagram, explain what happens if personal income taxes increases b) explain what will happen to an ad-as diagram, if there is a decrease in input prices c) explain the changes in wages can affect equilibrium
Chapter14: Aggregate Demand And Supply
Section: Chapter Questions
Problem 6SQP
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1) aggregate demnad and
a) using an ad-as diagram, explain what happens if personal income taxes increases
b) explain what will happen to an ad-as diagram, if there is a decrease in input prices
c) explain the changes in wages can affect equilibrium
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