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Understanding AD/AS A) Explain what aggregate demand and aggregate supply are and give an example illustrating how each work. B) explain how aggregate demand and

Understanding AD/AS

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A) Explain what aggregate demand and aggregate supply are and give an example illustrating how each work. B) explain how aggregate demand and supply are different from supply and demand and give an example to illustrate each difference. C) Explain how to graph aggregate supply and aggregate demand and draw a graph for each based on your examples in paragraph 1. D) Include an explanation of what needs to be in an aggregate supply or demand graphs and the process you go through to draw themJ

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