The government of South Africa responded to the COVID 19 pandemic by implanting a number of short-term measures to save the economy. Using the Aggregate Demand- Aggregate Supply (AD-AS) model can be used to illustrate that by choosing the right combination of measures (policies) it is possible for the economy to grow and ease the distress on the economy. Discuss four demand-side measures that policy makers can implement to expand the economy?

The government of South Africa responded to the COVID 19 pandemic by implanting a number of short-term measures to save the economy. Using the Aggregate Demand- Aggregate Supply (AD-AS) model can be used to illustrate that by choosing the right combination of measures (policies) it is possible for the economy to grow and ease the distress on the economy. Discuss four demand-side measures that policy makers can implement to expand the economy?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical

Section: Chapter Questions

Problem 15E

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