Question: I am having a hard time understanding aggregate supply and aggregate demand and the curves that accomany those concepts. Could you give me an example

I am having a hard time understanding aggregate supply and aggregate demand and the curves that accomany those concepts. Could you give me an example of how and when these are affected and what the possible outcomes are?

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.