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In the AD-AS model, assume that an economy's aggregate demand, denoted by QD=400-P, and SR aggregate supply, denoted by QS=P, currently intersect at price level = $200 and the full employment output level = 200. Which of the following event is most likely to explain a new LONG-RUN equilibrium occurring at an output level of 300 and a price level of $100?
A) Price of crude oil falls.
B) The currency of Country X depreciates.
C) Tax rate increases in Country X.
D) Technology improvement.
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Imagine about your retirement and plan for it. the planning should show money to be saved so as to be 80% of what is currently the income. this assignment is mainly quantitative.
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