Debate 3: Aggregate Demand and Aggregate Supply
If the value of Maryland’s digital asset reserve rose sharply or fell during a recession, how might the resulting state budget decisions affect the state's aggregate demand, aggregate supply, total output, and prices in your district?
Hint: analyze the impacts on your assigned portfolio (Energy, Transportation, or Environment) first, then consider how they might affect your constituents based on their socioeconomic backgrounds. For example, which groups of people or which communities might get hurt or benefit immediately, and which ones might feel the impacts later or in the long run?
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