Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Identify the three ranges of Aggregate Supply curve. Explain the impact of an increase in the AD curve in each segment.

Sagot :

It should be noted that the three range of the aggregate supply curve will be the Keynesian, intermediate, and the Classical range.

The aggregate supply curve simply means the quantity of real gross domestic product that is supplied by an economy at different price levels.

The three ranges of the aggregate supply curve are the Keynesian, intermediate, and Classical ranges. In the Classical range, the economy is producing at full employment.

Typically, an increase in aggregate demand (AD) will lead to a rise in the price of the goods that are supplied.

Learn more about supply on:

https://brainly.com/question/237337

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.