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During Very Bad Recessions,if Demand Rises,aggregate Supply Will Rise in the Form

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Short Answer

During very bad recessions,if demand rises,aggregate supply will rise in the form of higher ____.


Definitions:

Nontariff Barrier

Any impediment to international trade other than tariffs.

Embargoes

Government-imposed restrictions on trade with a particular country or the exchange of specific goods, often used as a political tool.

Civil Law

A legal system originating in Europe, characterized by comprehensive codified laws, in contrast to the common law system.

Legislative Branch

One of the three branches of government responsible for creating and enacting laws, typically consisting of a parliament or congress.

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