macroeconomic issues

What Is A Microeconomic Issue?

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What Is A Microeconomic Issue? It generally applies to markets of goods and services and deals with individual and economic issues. Description: Microeconomic study deals with what choices people make, what factors influence their choices and how their decisions affect the goods markets by affecting the price, the supply and demand. What is a macroeconomic

How Would A Change In Ad And As Affect The Economy?

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How Would A Change In Ad And As Affect The Economy? In an AD/AS diagram, long-run economic growth due to productivity increases over time is represented by a gradual rightward shift of aggregate supply. The vertical line representing potential GDP—the full-employment level of gross domestic product—gradually shifts to the right over time as well. How