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If the AE curve lies below the 45 degree line there is a inflation at full employment. ... If the AE curve lies above the 45 degree line there is a recession at full employment. 7. If the AE curve lies below the 45 degree line spending is more than income at full employment.
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Explanation:
George Washington was born in Westmoreland County, Virginia, on February 22, 1732.
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the Eight Box Law of 1882. 0. The Eight Box Law of 1882 was an election law designed to ensure white supremacy in South Carolina without violating the Fifteenth Amendment.
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