Decide if the following events are Micro, shifting supply or demand, or Macro, shifting AD or AS. Givethe direction in which the graph shifts.AggregateDemandSupplyDemandSituationAggregateSupplySales of Atlanta Braves gear growswith the success of the team.1.The President and Congress pass atrillion dollar stimulus bill toprovide aid during recession.2.3.Salmonella outbreak in peanutprocessing plants threatenslunches for school children.Pomegranates are shown to becancer fighting superfoods.4.Value of U.S. dollars declines,exports increase.5.6.Global oil prices tank as shalefracking surges.Housing market crashes. Federal7.Reserve slashes interest rates.8.House votes to block EPAregulations on coal fired electricityplants.

1)Shifting supply rightwards. 2)Macro 3)Demand shifts leftwards. 4)Demand shifts rightwards.…

Decide if the following events are Micro, shifting supply or demand, or Macro, shifting AD or AS. Give the direction in which the graph shifts. Supply Demand Situation Aggregate Supply Aggregate Demand Sales of Atlanta Braves gear grows with the success of the team. 1. The President and Congress pass a trillion dollar stimulus bill to provide aid during recession. Salmonella outbreak in peanut 2. 3. processing plants threatens lunches for school children. Pomegranates are shown to be cancer fighting superfoods. 4. Value of U.S. dollars declines, exports increase. 5.

Decide if the following events are Micro, shifting supply or demand, or Macro, shifting AD or AS. Give the direction in which the graph shifts. Supply Demand Situation Aggregate Supply Aggregate Demand Sales of Atlanta Braves gear grows with the success of the team. 1. The President and Congress pass a trillion dollar stimulus bill to provide aid during recession. Salmonella outbreak in peanut 2. 3. processing plants threatens lunches for school children. Pomegranates are shown to be cancer fighting superfoods. 4. Value of U.S. dollars declines, exports increase. 5.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter16: The Influence Of Monetary And Fiscal Policy On Aggregate Demand

Section: Chapter Questions

Problem 6CQQ

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