What Are Some of the Issues That Come Up in the Debate

question 13

Essay

What are some of the issues that come up in the debate over how many BSL-4 facilities are necessary?

Explain the relationship between aggregate supply and aggregate demand in determining equilibrium GDP.

Describe the three ranges of the aggregate supply curve and their economic implications.

Compare and contrast Keynesian and Classical theories of employment.

Explain the wealth effect and its impact on the economy.