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Posted: **Thu May 19, 2022 9:20 am**

: 1 Explain What Factors Cause Shifts Of The Aggregate Demand Curve In The Open Economy Model 2 Explain The Macroeconom 1 (14.83 KiB) Viewed 117 times

1) Explain what factors cause shifts of the aggregate demand curve in the open economy model. 2) Explain the macroeconomic effects of a tax cut according to the Ricardian Equivalence proposition. Include in your answer the IS-LM graph that shows the effects of this tax cut.