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What would be the best reason an economist would examine aggregate demand (AD) instead of the ​gross domestic product (GDP) in the short run?

A

Aggregate demand describes the relationship between the quantity of goods and services demanded and price level.

B

Aggregate demand describes the relationship between the ​quantity of goods and services supplied and price level.

C

Aggregate demand describes the relationship between inflation and unemployment.

D

Aggregate demand describes the relationship between labor and capital.

E

Aggregate demand describes the relationship between factors of production and technology.

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