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Describe two different WAN alternatives.
Aggregate Supply Curve
The aggregate supply curve represents the total quantity of all goods and services that producers in an economy are willing and able to supply at different price levels.
Government Purchases
Expenditures by government entities on goods and services that directly fulfill governmental functions or public needs.
Taxes
Mandatory contributions to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.
Aggregate Demand Curve
A graph showing the relationship between the total quantity of goods and services demanded across all sectors of an economy and the overall price level.
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