Draw example of aggregate demand and aggregate supply model

Assignment Help Macroeconomics

Reference no: EM133764236

Discussion Post: The Trends of the U.S. Economy during the Great Recession

Task summary: Write a discussion: In your initial post, draw or find an example of an aggregate demand and aggregate supply (AD/AS) model that illustrates the general trends of the U.S. economy during the Great Recession.

MAIN DETAILS: Teacher:" Yes must include references and a photo as mentioned in the instructions" Between 2007 and 2009, the United States experienced a severe financial crisis and economic downturn commonly known as the Great Recession. Starting in 2006, housing values fell 30%, causing losses in mortgage-backed securities for families and financial institutions. The recession was marked by a drop in aggregate demand that caused a decline in GDP and an increase in unemployment. In your initial post, draw or find an example of an aggregate demand and aggregate supply (AD/AS) model that illustrates the general trends of the U.S. economy during the Great Recession. (The example may be from your own research or from the textbook.)

Reference no: EM133764236

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