Most economists use the aggregate demand and aggregate supply model primarily to analyze
A)short-run fluctuations in the economy.
B)the effects of macroeconomic policy on the prices of individual goods.
C)productivity and economic growth.
D)None of the above is correct.

Question

Quizplus · Accepted Answer

The aggregate demand and aggregate supply model is primarily used to analyze short-run fluctuations in the economy, such as recessions and booms. It helps economists understand how changes in various economic factors such as consumer spending, government spending, and investment affect the overall output and price level in the economy.

Most Economists Use the Aggregate Demand and Aggregate Supply Model