In the AD-AS model,changes in the growth rates of C,I,G,and NX are interpreted as changes in:
A) money supply.
B) velocity growth.
C) price levels.
D) money supply growth.

Question

Quizplus · Accepted Answer

Changes in the growth rates of consumption (C), investment (I), government spending (G), and net exports (NX) are interpreted as changes in velocity growth in the AD-AS model, as they affect the overall demand for goods and services in the economy.

In the AD-AS Model,changes in the Growth Rates of C,I,G,and