The government accounting office (gao) announces deep cuts to social security, medicare, and welfare programs. aggregate demand

Question

Ksivusya [100]

3 years ago

11

The government accounting office (gao) announces deep cuts to social security, medicare, and welfare programs. aggregate demand

will increase. decrease. remain the same.

Business

2 answers:

Sveta_85 [38] · Answer 1 · 2022-02-24T00:46:08+03:00

Sveta_85 [38]3 years ago

5 0

Answer:

WRONG it will decrease

Explanation:

Alborosie · Answer 2 · 2022-02-23T23:36:23+03:00

Aggregate demand will REMAIN THE SAME. Aggregate demand refers to the total demand for goods and services within a particular market in an economy. Social security, medicare and welfare programs are examples of government transfer payments; transfer payments are not meant to be purchased, therefore they have no influence whatsoever on aggregate demand.