Overview
For this week's assignment, you are being asked to cover the topic of aggregate demand and aggregate supply.
In your paper, please address the following questions:
- What are aggregate demand and aggregate supply?
- What causes the aggregate demand line to shift to the right? To the left?
- What causes the aggregate supply line to shift to the right? To the left?
- If interest rates were lowered by the Federal Reserve, what is going to happen to aggregate demand and aggregate supply?
- How can Fiscal policy and Monetary policy increase AD and AS?
- How does aggregate demand and supply impact your everyday life?
Your paper should be 3-4 double-spaced pages, with a title page, and reference page using APA format