Question: Using aggregate demand and supply what are the consequences of excessive aggregate spending (too much G) on the macro economy and a corresponding FED response

Using aggregate demand and supply what are the consequences of excessive aggregate spending (too much G) on the macro economy and a corresponding FED response to the resulting expansionary gap?

How the federal government has influenced AD and AS to manage the economic impact from the pandemic?

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The detailed answer for the above question is provided below Excessive aggregate spending too much government spending denoted as G can lead to an inflationary gap in the economy Heres a breakdown of ... View full answer

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