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(Solved): Draw the supply and demand curves for each of the next sections with the given data about country X: ...



Draw the supply and demand curves for each of the next sections with the given data about country X:

  • Product market:

lower customer spending, lower GDP, lower PMI

draw with inflation as X-axis and GDP as Y-axis.

  • Factor market:

Lower unemployment, higher wages due to inflation

draw with wages as X-axis and Quantity as Y-axis.

  • Financial market:

higher interest rate, higher money supply, lower household to GDP ratio

draw with Interest Rate as X-axis and Saving and borrowings as Y-axis.

  • Foreign market:

Lower demand for the country's currency, lower account surplus, but the country has strict rules to avoid a free-falling of this (3 lines for demand)

draw with Consumer confidence as X-axis and Retail sales as Y-axis.

 

 

please only draw the curves and nothing else



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Introduction AD - AS model is equilibrium where aggregate demand curve and aggregate supply curve Inder sex and defines P price level and Y GDP Explanation In product markets there is lower consumer
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