Let 's consider aggregate demand a little to make sure that you have an understanding of the topic When COVID hit and everyone started losing their jobs, the government passed the CARES Act which injected $3 Trillion dollars into the economy 1 What was the impact of the CARES Act on aggregate deman...

1 The CARES Act which injected 3 trillion into the economy had a significant impact on aggregate demand Aggregate demand refers to the total amount of ...

Let's consider aggregate demand a little to make sure that you have an understanding of the topic.

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Question:

- - Let's consider aggregate demand a little to make sure that you have an understanding of the topic. When COVID hit and everyone started losing their jobs, the government passed the CARES Act which injected $3 Trillion dollars into the economy.
    1. What was the impact of the CARES Act on aggregate demand?
    2. Over time would the change in aggregate demand do anything to aggregate supply?