Economists often use an economic model that reflects the total amount of goods and services required at all possible price level
s during a specific period of time. Which term is most often used to describe the information contained in this model? A. business cycle
B. market self-regulation
C. money demand curve
D. aggregate supply and demand
The answer is letter
D. <span> Economists often use
the aggregate supply and demand model to reflect the total amount of goods and
services required at all possible price levels during a specific period. It
reflects the overall price of foods and services in an economy for a given
period and is often illustrated with the supply-demand curve. This shows the
relationship between price levels and quantity of output that a particular firm
is willing to provide to the general public.</span>
