Economy demand question

User Generated

ynjfghqrag123

Economics

Description

Some economists favor policies that stimulate demand, while others favor those that stimulate the supply of goods and services. Still other economists prefer policies based on the growth of the money supply. With which groups of economists do you agree? Provide reasons to support your choice.

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Explanation & Answer

Overall there should be balance in the supply and demand but preferably would choose a greater increase in demand since that shows the want in a product where as the increase in supply will only result to overproduction and dropping of pricing. On the other it is important to note that higher demand will result in over pricing, in other words inflation.


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