Please be specific and give detailed answers.

Economics
Tutor: None Selected Time limit: 1 Day

SubmitWhat is one factor that would shift the aggregate demand curve? Explain how this factor could influence both the output and price level.

Nov 25th, 2014

A factor that comes to mind that could shift the aggregate demand curve would be the weather. For example if we experience an outset of early cold weather this could destroy many crops. In this case, the demand for these crops would increase while also driving up the price all because the supply has decreased.

Thanks

Amanda

Nov 25th, 2014

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Nov 25th, 2014
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