Aggregate demand or aggregate supply? Think of a recent US fiscal policy change or monetary policy change. Describe it in one sentence:
Will this policy change have an impact primarily on aggregate demand or aggregate supply—or will it have a nearly equal effect on both? Explain.
Use the aggregate demand/aggregate supply curve analysis to describe the impact on output and prices of your policy change. (Make certain that your curves shift correctly to the right or to the left.)
As instructed, compare your results with the analysis by another student.
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