Demand and Supply Shocks in the AD-AS Model
- Title:
- Demand and Supply Shocks in the AD-AS Model
- Description:
-
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In our last video we looked at inflationary and recessionary gaps in the AD/AS model. In this lesson we'll examine what causes output gaps: negative and positive shocks to aggregate demand and aggregate supply.
http://econclassroom.com
- Video Language:
- English
- Duration:
- 10:30
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