Need assistance with Online Discussion Question
Need assistance with Online Discussion Question
Please assist with the following Discussion Question shown below. Please note that answer must be original, no longer than 3 paragraphs. I will CHECK FOR PLAGIARISM prior to final contract**
“Aggregate Demand and Supply” Please respond the following:
- Image that the mayor has hired you as a consultant to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your city. Provide a rationale for your response.
1 pg
refs and cite
assume a US city, but dont mention the city name as the student did not specify that
Answer Preview…………….
Aggregate Demand and Supply
The aggregate supply curve describes the link between a city’s overall price level and the quantity of products and services offered by that town’s suppliers. In the short run, the curve is upward sloping but vertical in the long-term. Infrastructure investment, technology changes, and institutional changes are known to have an impact on both short-run and long-run aggregate supply. The institutional changes that include the provision of public goods at low prices ………….
APA 318 words