L08 ConcepTest

In each lesson, you’ll have an opportunity to practice some of the concepts, calculations, or techniques presented in the lesson. This ConcepTest will give you practice with the following:Illustrating the relationship between the aggregate demand curve and the aggregate expenditure model.

Differentiating between short-run and long-run macroeconomic equilibriums.

Identifying what factors increase or decrease aggregate supply and aggregate demand.I attached the lesson in the upload files