Use the following graph to answer the next questions. This g…
Use the following graph to answer the next questions. This graph shows an economy where aggregate demand has decreased, with no change in either short-run aggregate supply (SRAS) or long-run aggregate supply (LRAS). During the Great Depression, the aggregate price level and real gross domestic product (GDP) both decreased, as shown on the graph. Unemployment increased to record levels. Which of the following best explains why this happened?