In this pathway we explored shifts in aggregate supply and aggregate demand and their short-term and long-term effects for the economy. We looked at the components of aggregate demand and how they relate to two types of GDP: full employment and equilibrium. We examined some economic indicators and how they estimate the state of the economy, and finally, issues related to aggregate demand.
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In this pathway we explored shifts in aggregate supply and aggregate demand and their short-term and long-term effects for the economy. We looked at the components of aggregate demand and how they relate to two types of GDP: full employment and equilibrium. We examined some economic indicators and how they estimate the state of the economy, and finally, issues related to aggregate demand.
Ask OERu
Remember that if you have any content related questions about this section, please visit our community-based question and answer forum.
Visit Ask OERu to post questions and support fellow learners if you know the answers.
Ask OERu is a community-based support forum hosted on forums.oeru.org. Remember to reward good answers and questions by liking the post.
Please add the course tag to your post: maec102
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