Asked by adebisi
The following are to be answered:
1.How did the decline in home prices in 2006-2008 affect aggregate demand?
2.What's wrong with classical theory? Why didn't sales and employment increase in 1929- 1933, in respect to decline prices and wages?
Due date: 11-14-15
1.How did the decline in home prices in 2006-2008 affect aggregate demand?
2.What's wrong with classical theory? Why didn't sales and employment increase in 1929- 1933, in respect to decline prices and wages?
Due date: 11-14-15
Answers
Answered by
Writeacher
Wow -- you're expecting someone to do your entire assignment for you?
That won't happen, but if you post what YOU THINK, then a math/econ tutor might be able to help you.
That won't happen, but if you post what YOU THINK, then a math/econ tutor might be able to help you.
Answered by
elizabeth
it will cause aggregate demand to rise
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.