Briefly discuss how aggregate demand and aggregate supply may affect your job prospects after you leave college. In other words, do you think the aggregate demand (AD) in near future will increase?
Ans - Aggregate demand and supply has profound effect on our job prospects after we leave our college . The increase in aggregate demand will have a positive impact on creation of employment opportunities thereby improving supply. Whereas a decrease in aggregate demand will lead excessive supply cutting down job opportunities.
Aggregate demand in near future might increase with rising population and for students getting engrossed in jobs after leaving colleges. Increase in Aggregate demand is important for economic development .
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