Explain what shocks can be found in the AD and SRAS model. Why do these shocks not disappear immediately but rather tend to spread across sectors of an economy?

Name: Explain what shocks can be found in the AD and SRAS model. Why do these shocks not disappear immediately but rather tend to spread across sectors of an economy?
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

The Answer of Explain what shocks can be found in the AD and SRAS model. Why do these shocks not disappear immediately but rather tend to spread across sectors of an economy?

Explain What Shocks Can Be Found in the AD and SRAS