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After watchingthe Kahn Videos, please give a written example to your classmates of a factor from the AD and AS working togetherpage changing in a

After watchingthe Kahn Videos, please give a written example to your classmates of a factor from the "AD and AS working together"page changing in a certain direction and describe the resulting change in the equilibrium.

AD: Aggregate Demand

AS: Aggregate Supply

The factors include aggregate demand:

  • wealth
  • interest rates
  • income taxes
  • expectations for future sales

The factors include aggregate supply:

  • wage rates
  • prices of nonlabor productivity
  • supply shocks

It's asking to give a written example of a factor, so one of these I'm guessing. How it's changing in a certain direction and describe the resulting change of the equilibrium.

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