Aggregate demand and aggregate supply curves - Khan Academy
https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/macro-equilibrium-in-the-ad-as-model/a/building-a-model-of-aggregate-demand-and-aggregate-supply-cnx
The concepts of supply and demand can be applied to the economy as a whole. See more Aggregate demand, or AD, refers to the amount of total spending on domestic goods and services in an economy. Strictly speaking, AD is what economists call total pla… Aggregate demand includes all four components of demand: •Aggregate supply is the total quantity of output firms will produce and sell—in oth… •The upward-sloping aggregate supply curve—also known as the short run aggr… Firms make decisions about what quantity to supply based on the profits they expe… The graph below shows an aggregate supply curve. Let's begin by walking thro…
Aggregate demand, or AD, refers to the amount of total spending on domestic goods and services in an economy. Strictly speaking, AD is what economists call total pla…
Aggregate demand includes all four components of demand:
•Aggregate supply is the total quantity of output firms will produce and sell—in oth…
•The upward-sloping aggregate supply curve—also known as the short run aggr…
Firms make decisions about what quantity to supply based on the profits they expe…
The graph below shows an aggregate supply curve. Let's begin by walking thro…
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