Economy, asked by p12345k, 2 months ago

how does the model of aggregate demand and aggregate supply explain economic fluctuation?

Answers

Answered by maitiaparna010

0

Answer:

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Explanation:

Answered by hkofficial654

1

Explanation:

In the short run, output is determined by both the aggregate supply and aggregate demand within an economy. Anything that causes labor, capital, or efficiency to go up or down results in fluctuations in economic output. Aggregate supply and aggregate demand are graphed together to determine equilibrium.

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