Economics · AD-AS Framework
Place the following AD-AS (Aggregate Demand - Aggregate Supply) analytical stages in the correct logical order: 1. Determination of price level2. Interaction of AD and AS3. Determination of output4. Shifts in AD
- 14 -> 2 -> 3 -> 1✓
- 22 -> 3 -> 1 -> 4
- 33 -> 1 -> 4 -> 2
- 44 -> 3 -> 2 -> 1
Correct answer
4 -> 2 -> 3 -> 1
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