media

Kahn Academy Video's about unemployment.

Watch these Kahn Academy video’s on Youtube. The first explains aggregate demand and aggregate supply; the second looks shifts in aggregate demand.

Consider the following questions:

  • What are the differences between aggregate demand and supply?
  • What effects do shifts in aggregate demand cause?
  • Do you see any shortcomings in the way this model explains effects on the economy?

Having viewed these videos, please address at least one of these questions on WENotes below.

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