reply to the following information- The Aggregate Demand and Aggregate Supply model brings together all the main ideas we have studied by showing how overall spending, production, prices, and government policies all interact to shape the economy. Aggregate Demand represents total spending from consumers, businesses, the government, and foreign buyers, and it reflects things like interest rates, taxes, confidence, and both monetary and fiscal policy. Aggregate Supply represents the production side of the economy. In the short run it is influenced by wages, input costs, and supply chain conditions, while in the long run it depends on productivity, technology, and the size of the labor force. Because it includes these elements, the model gives us a single picture that connects economic growth, inflation, unemployment, and policy choices. Looking at the United States right now, overall spending has slowed from the rapid pace we saw right after the pandemic, but it is still strong because consumers continue to spend and the job market remains solid. At the same time, supply conditions have improved as supply chain problems have eased, even though costs remain higher than they used to be. As a result, the economy is operating close to its long-run potential