demand-side shock Archives - Professional Essay Writing

Explain to your client in simple language how each shock caused a shift in AD or SR-AS, and how this consequently affected economic output (Y) and price pevel (P) in this country’s economy. If the shock is affecting the AD function, remember to specifically mention which component of AD was being affected.

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2. What has been the impact of the COVID-19 pandemic on the economy? [Identify two specific ways that the COVID-19 […]

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