• You have been hired as a consultant by your mayor to evaluate
    the increase in aggregate demand in the city where you live.
    Describe to the mayor one (1) aggregate demand and supply factor
    that would have the greatest impact on the economy of your
    city.
  • Explain how a decrease in aggregate demand affects each of the
    following variables: inflation, unemployment rate, production,
    employment rate, and consumer confidence. Provide concrete examples
    to support for your response

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