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AD–AS Policy Simulator
Close the output gap
Shift aggregate demand and supply with fiscal, monetary, and supply-shock buttons and watch GDP, the price level, and unemployment respond.
Scored investigations
Playing with a simulation is not the same as earning a point. These take your own measurements from this lab into a real AP free response, graded against the rubric.
Measure the slope of short-run aggregate supply from your own shifts
Unit 3 · Aggregate demand and aggregate supply · Quantitative reasoning · 6 pts
Extract the output-gap-to-unemployment relationship from the model
Unit 2 · Output gaps and unemployment · Data analysis · 6 pts
Design a response to stagflation and defend the trade-off you accept
Unit 3 · Aggregate demand and aggregate supply · Experimental design · 6 pts
Trace an adverse supply shock through AD–AS
Unit 3 · Aggregate demand and aggregate supply · Model reasoning · 6 pts
Booting the lab…