The aggregate demand curve will shift to the right by more than, shift right government purchases the initial increase in government purchases.
What is demand?
The term “demand” is relying on people needs and wants to the amount of goods and services. Demand is an economic notion that deals with the connection between consumer demand for goods and services and their market prices.
Due to higher inflation and faster short-term growth, the aggregate demand curve was pushed to the right more than government spending. Spending on aggregate demand increased.
As a result, the aggregate demand curve is shift to the right side as spending more to government purchases.
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Both Woodrow Wilson and Henry Cabot Lodge <span>shared a similar conservative ideology that pushed them toward Americanism hence their support for U.S intervention in World War I. Both believed that America was strong enough and could force compliance by intervening in World War I.</span>
Answer:
A traditional economy is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rule and manner of their distribution. Countries that use this type of economic system are often rural and farm-based.
Explanation:
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A PhD is a much higher academic rank than can be achieved only after completing a master's degree.
<h3>What is a PhD?</h3>
The acronym PhD is used to refer to Philosophical Doctor. This degree is notable for being the highest in higher education.
Additionally, to start doctoral studies it is essential to meet the following prerequisites:
- Have previously passed a university degree (bachelor's degree)}
- Have previously passed an official Master's degree.
The PhD is generally associated with job success because people who study this academic level have a very broad level of specialization that allows them to be experts in a specific subject.
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Answer is organizing records and files.
For example, organizing legal records and files for a law firm.
