Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
Supply-side fiscal policies focus on shifting the long-run aggregate supply curve to the right, resulting in a stabilize price level and reduce unemployment.
- Through adjustments to government expenditure and taxation, fiscal policy affects aggregate demand.
- These elements have an impact on employment and household income, which in turn affect consumer spending and investment.
- The amount of money in an economy changes as a result of monetary policy, which also affects interest rates and inflation.
Concentrate on moving LRAS to the right to
- Encourage growth
- Lower unemployment
- Stabilize the market
- Has a slower economic impact than initiatives that raise AD
What shifts long run aggregate supply?
- Changes in Long-Run Aggregate Supply.
- The position of the long-run aggregate supply curve is determined by the aggregate production function and the demand and supply curves for labor.
- A change in any of these will shift the long-run aggregate supply curve.
Learn more about aggregate supply brainly.com/question/24319248
#SPJ4
We appreciate your time. Please come back anytime for the latest information and answers to your questions. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.
