Difference Between Aggregate Demand and Aggregate Supply
Aggregate Demand vs Aggregate Supply
Aggregate demand and aggregate supply are important concepts in the study of economics that are used to determine the macroeconomic health of a country. Changes in unemployment, inflation, national income, government spending, and GDP can influence both aggregate demand and supply. Aggregate demand and aggregate supply are closely related to one another, and the article clearly explains these two concepts and shows they are related to one another in terms of the similarities and differences.