Explain the AD=AS Approach in determination of equilibrium level of income by using a schedule of real life example - Economics - Determination of Income and Employment

Question

Explain the AD=AS Approach in determination of equilibrium level of
income by using a schedule of real life example

Himani Gupta · Accepted Answer

Dear student,

Follow the given link and scroll down to the topic 'Aggregate
demand and aggregate supply approach' to view the same:

https://www meritnation
com/cbse/class12-commerce/studymaterial/economics/introductory-macroeconomics/income-determination/341_1989_5844#slide2_aggregate-supply-and-determination-of-equilibrium-level-of-income-output-and-employment

Regards,

Explain the AD=AS Approach in determination of equilibrium level of income by using a schedule of real life example.