Answer:
The correct way to answer the question: According to the theory of new classical economics, if business sentiment and investment spending decreases, the aggregate demand curve: shifts to the left and the price level falls, while aggregate output: decreases.
Explanation:
The balance of an economy, anywhere in the world, is pretty complex thing. In order to understand both the short-term, and long-term ways in which the economy of a country may respond to different factors, but most especially to GDP, which is the measure of how much, and how well, a country is producing and supplying a demand for certain goods and services, it is necessary to understand both a theory known as the short-term Keynesian analysis and also the neoclassical theory of economics, which applies to long-term macroeconomics. In the case shown above, the point of start is the potential GDP, which will mark the real GDP of a country. The second point is the aggregate supply and demand markers that indicate how an economy is doing with respect to potential GDP. If investement is not placed into an economy, and business sentiment decreasese, it means that productivity will drop, and the aggregate demand curve turns to the left as many other factors are also driven down. Since aggregate output means the amount that is produced in goods and services, the lesser the business interest and spending, the lesser production there will be.
Because there wasn't enough water or rain to grow certain type of crops that require a certain amount of water that they did not have.
I think you mean aggregate? it’s a whole made by a collection of units. hope this helped!
Answer:
D.
Explanation:
Based on the scenario being described within the question it can be said that Duncan most likely found out that parental income is strongly correlated with academic achievement, especially in low-income families. Meaning the more education that the parents in a household possess the higher the overall family income would seem to be. This is mainly due to the parents having more labor opportunities.
Answer:
if it is a multiple answer then it would be A and D if its just on then i would go with A
Explanation:
