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)the long-run effects of international trade policies.
D)productivity and economic growth.

Question

Quizplus · Accepted Answer

The aggregate demand and aggregate supply model is primarily used to analyze short-run economic fluctuations, such as changes in output and employment, rather than long-term growth or individual prices.

Most Economists Use the Aggregate Demand and Aggregate Supply Model