As a business person, consumer, and a voter, when you observe economic conditions you aren't going to see AD-AS diagrams. You're going to see the variables on the AD-AS diagram changing, specifically the price level and GDP. Right now, both the price level and GDP are rising. What does this tell you is happening on the AD-AS diagram, meaning which curve is shifting? Next, think about the determinants of that curve discussed on p. 7 of this assignment and tell me about at least one in our economy that might be causing this shift?

Curious to this question because there are so many variables