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Aggregate demand or aggregate supply

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Using the Aggregate Demand/ Aggregate Supply model explain (a) what effects would each of the following have on Aggregate Demand or Aggregate Supply, other things equal (shift left or right) and (b) what is the expected effects of each of the following on the equilibrium price level and the level of real output:

i. a new national tax on producers?

ii. an increase in exports that exceeds an increase in imports?

iii. government spending for the onset of a war?

iv. improvements in technology?

Reference no: EM132506396

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