Based on what we know about the globalized AS/AD model, the standard model does not include an analysis of:
A)investment.
B)government spending in the United States.
C)net exports.
D)consumption.

Question

Quizplus · Accepted Answer

The standard AS/AD (Aggregate Supply/Aggregate Demand) model primarily focuses on domestic economic factors such as investment, government spending, and consumption. It does not inherently include an analysis of net exports, which are influenced by global trade dynamics and are a key component of the globalized AS/AD model.

Based on What We Know About the Globalized AS/AD Model