When the price changes, we call the resulting change in buying plan a Change in the quantity of demand. On the other hand, Change in demand is a change in the quantity that people plan to buy when any influence on buying plans other than the price of good changes.
Describe the relationship between demand-side economics and the federal budget deficit.
the idea that government spending and tax cuts help an economy by raising demand
the idea that government spending and tax cuts help an economy by raising demand
If the problem in the economy is due to a lack of demand than demand-side policies would be required. If the economy is experiencing a recession, for example, then demand side policies might be appropriate. If the economy is at or near full employment then the focus might be more on increasing aggregate supply.
employers looking for employees
Supply is the amount produced and demand is the amount that is wanted.
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Describe the relationship between demand-side economics and the federal budget deficit.
Demand for a job can increase or decrease the wages for a job. This entirely depends upon the kind of demand you are talking about. From: Employee side- If demand for a job increases from aspirants side than its wages decrease because many aspirants are available for that job. Employer side: If demand for a job increases from employer's side,wages increases because employer want to hire the aspirant at any salary.
the idea that government spending and tax cuts help an economy by raising demand
the idea that government spending and tax cuts help an economy by raising demand
If the problem in the economy is due to a lack of demand than demand-side policies would be required. If the economy is experiencing a recession, for example, then demand side policies might be appropriate. If the economy is at or near full employment then the focus might be more on increasing aggregate supply.
employers looking for employees
THE ANSWER IS IN YOUR BRAIN ! you people are reaaly dumb
Policies designed to affect aggregate demand: fiscal policy and monetary policy.
Complement goods are those goods which uses collectively or side by side e.g petrol and cars. If the demand of one good changes then demand of other good move in the same direction. If the price of product complementary falls then the demand of complementary product increases according to the demand law which in turn increase the demand of product. Suppose the prices of petrol falls which will increase the demand of petrol which in turn in increase the demand of cars.
Overpopulation