prior to covid-19 (2017-2019) and following the peak of covid-19 (2021-2022) both price level and real GDP were steadily rising. this implies that, during these periods,a) aggregate supply was increasing faster than aggregate demand b) aggregate demand was increasing faster than aggregate supplyc) aggregate demand and aggregate supply were increasing at roughly the same rate d) aggregate supply was decreasing and aggregate was increasing

Aggregate Supply (AS)/Aggregate Demand (AD) in the Data (2017-2022) 2024 Price level (P - CPJ) 2024. 12019 2018. Quantity (Y - Real GDP)