During the pandemic of 2020, stimulus checks were sent to qualifying individuals. Some people chose to save their money, rather than spend it. This led to A,B,C, OR D ONE ANSWER aa smaller rightward shift in the aggregate demand (AD) than expected.ba larger rightward shift in the aggregate demand (AD) than expected.ca desire to increase consumption.da smaller leftward shift in the aggregate demand (AD) than expected.

Stimulus checks might be sent to individuals in order to induce them to spend more, and thus…

Answered: During the pandemic of 2020, stimulus…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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During the pandemic of 2020, stimulus checks were sent to qualifying individuals. Some people chose to save their money, rather than spend it. This led to A,B,C, OR D ONE ANSWER

a	a smaller rightward shift in the aggregate demand (AD) than expected.
b	a larger rightward shift in the aggregate demand (AD) than expected.
c	a desire to increase consumption.
d	a smaller leftward shift in the aggregate demand (AD) than expected.

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