How would that announcement affect aggregate demand

Reference no: EM133711187

Question: It is tax season, and everyone is looking forward to that extra cash to spend. This year, the government announced that they are going to give each family $1,000 back for each child they have. This means that most households will receive extra cash to spend. How would that announcement affect aggregate demand, price level, GDP, and unemployment?

Reference no: EM133711187

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