Why is a period of stagflation part of the normal aftermath of a period of excessive aggregate demand?

What relationship does the short-run aggregate supply curve represent?

A rightward shift in the aggregate supply curve with no change in the aggregate demand curve signals an economic expansion. True or False?

Which of the following help to explain why the aggregate demand curve slopes downward? a. When the domestic price level rises, our goods and services become more expensive to foreigners. b. When government spending rises, the price falls. c. There is an inverse relationship between consumer expectations and personal taxes. d. When the price level rises, the real value of financial assets (like stocks, bonds, and savings account balances) declines. Label each of the following descriptions as being either an immediate-short-run aggregate supply curve, a short-run aggregate supply curve, or a long-run aggregagte supply curve. a. A vertical line b. The price level is fixed c. Output prices are flexible, but input prices are fixed d. A horizontal line e. An upsloping curve f. Output is fixed What effects would each of the following have on aggregate demand or aggregate supply, other things equal?  In each case, use a diagram to show the expected effects on the equilibrium price level…

From March 2009 to 2013, the U.S. stock market more than doubled in value. How might this have affected aggregate demand? What happens to aggregate demand when the stock market plunges?

During the Covid pandemic the Federal Government sent several checks to individuals and families. Why did it do this in terms of the aggregate supply and demand model framework?

What are the major factors that will affect short-run aggregate supply and long-run aggregate supply?

In the past 10 years, Asia-based investors have made large investments in Canadian real estate markets. Many commentators believe that this investment has the aim of moving wealth from risky home markets into the safer Canadian market. What will the effect of this capital flow on Canadian aggregate demand?

How do Classical and Keynesian economists differ in their view of the aggregate supply curve?

Please Define Aggregate supply in no more than 3 lines