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Vital components of macroeconomics |
Answer» 1. Theory related to equilibrium, when AS=AD.\xa02. Theory related to disequilibrium in the economy, when AS>AD or AS<AD.\xa03. Theory related to correction of disequilibrium((i) Monetory Policy (ii) Fiscal Policy (iii) Exchange Rate Policy)<br>1. Theory related to equilibrium, when AS=AD. 2. Theory related to disequilibrium in the economy(AS>AD or AS<br>1. Theory related to equilibrium(AS=AD). 2. Theory related to disequilibrium in the economy(AS>AD, AS | |