Chapter 9 - Assignment 1: AD/AS Analysis and the U.S. Economy

Examine the analysis of recent changes in GDP provided by The Dismal Scientist.
  1. Based on this discussion, what shifts in aggregate demand and/or short-run aggregate supply were responsible for the most recently reported changes in GDP?
  2. What were the causes of the changes in these curves? For each factor listed, explain why it would cause the AD or AS curve to shift.
[ Chapter 9 | Feedback ]
Copyright Houghton Mifflin Company. All Rights Reserved.
Terms and Conditions of Use and Trademark Information