The Asian financial crisis was a period of financial crisis that gripped much of Asia beginning in July 1997, and raised fears of a worldwide…
September 3, 2020
Journal discussion questions below. A minimum of 150 with references.The interest rate affects the investment patterns in the economy. A friend of yours suggests a get-rich-quick scheme: Borrow from
September 3, 2020

Discussion questions below.  Discussion must contain a minimum of 150 words with reference.

Aggregate Supply (AS) and Aggregate Demand (AD) model and AS/AD curves are essential to understand macroeconomic fluctuations (business cycles).

  1. Discuss the importance AS-AD model in explaining the macroeconomic conditions of the economy and business cycles like recessions.
  2. What factors shift AS and AD curves? How do you explain macroeconomic fluctuations using AS-AD model and AS/AD curves?
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