1. The Aggregate Demands of a Country
... profits. The technology would have a positive impact on most of the components of aggregate demand. Investment would go up as more companies are investing in a wider variety of technology. Also net exports would increase as there is a trade surplus which proves the efficiency of production. Consumption would also increase as the more products being created, the more there is for people ... high as consumer confidence is equally as high, which makes spending a lot more acceptable and this is done freely. During a recession, aggregate demand is normally low due to lack of net exports, con...
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- Grade Level: Undergraduate