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bedau bedau
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6 years ago
The most accurate capsule summary of the Great Depression in terms of the AD/SAS/LAS model is that
A) we slid down an AD curve from 1929 to 1933, then down 1933's SAS curve for the rest of the decade.
B) we slid down an AD curve from 1929 to 1933, then back up the same curve for the rest of the decade.
C) we went up an AD curve from 1929 to 1933, then came back down it for the rest of the decade.
D) AD and SAS shifts in unison took us straight to the left from 1929 to 1933, then back straight to the right for the rest of the decade.
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Macroeconomics

Macroeconomics


Edition: 12th
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supersuinegsupersuineg
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bedau Author
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6 years ago
Helped a lot
Jodias
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This site is awesome
alpheratz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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