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Discuss the Advantages and Disadvantages of Drawing the AD-AS Model

question 73

Essay

Discuss the advantages and disadvantages of drawing the AD-AS model in terms of inflation (p)and rate of growth (g).


Definitions:

Participation

The act of taking part or being involved in a particular activity, process, or decision-making.

People-Oriented Style

A leadership approach focused on building relationships, valuing team members, and prioritizing their needs and well-being.

Inclusive

A strategy or approach that ensures all people, regardless of their differences, have equal opportunities and are not excluded.

Empowering

The process of giving individuals or groups the authority or power to take certain actions, often aimed at fostering independence and decision-making capability.

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