What a curve shift changes
What a curve shift changes
A shift in aggregate demand (AD) or aggregate supply (AS) moves the economy to a new equilibrium intersection. This changes real output, the average price level and employment together.
Step-by-step lessons on CIE Intl A Level Economics 4.3.12 effects of shifts in the AD curve and the AS curve on the level of real output, the price level and employment. Each one builds up to exam-style questions.