When economists study aggregate supply and aggregate demand, what are they studying?
the supply and demand of a good produced by one company
the total supply and demand of goods produced at all price levels
the equilibrium price of one good that is produced
the reason for a decrease in supply and demand for a specific good.
the answer is B FOR EDGENUIT
Economists looking at aggregate supply and demand is done to study the total supply and demand of goods produced at all price levels.
Aggregate demand refers to the total demand in an economy for goods and services while aggregate supply is the total supply in the economy.
When economists look at these figures, they are trying to study how much goods and services are demanded and supplied in total in the economy.
In conclusion, option B is correct.
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