Question
Comment #1 From your perspective--after considering the theory presented in the Greenlaw & Shapiro reading in Chapter 11, which one determinant currently has the greatest
Comment #1
From your perspective--after considering the theory presented in the Greenlaw & Shapiro reading in Chapter 11, which one determinant currently has the greatest impact on either aggregate demand (AD)? (Chapter 12 has a table summarizing the four (4) components of aggregate demand which have specific determinants that are your appropriate focus: Table 12.1.
Comment #2
From your perspective--after considering the theory presented in the Greenlaw & Shapiro reading in Chapter 11, which one determinant currently has the greatest impact on either aggregate supply (AS)? Find a short list of determinants in Section 11.3 (productivity, input prices, and various other supply side shock factors).
(Keep in mind impact not just importance to the economy.) Justify your response with an example. Go to "FRED" https://research.stlouisfed.org/fred2/ (Links to an external site.)Links to an external site. to see if you can find a chart displaying indicators that measure the AD determinants you are discussing.
Attach these charts from "FRED" or other sources if you must or embed these in the message as you can.
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