AD SRAS & LRAS Shifters
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Last updated 6:58 AM on 11/5/24
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4 Terms
1
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Aggregate Demand
Real wealth, Real interest rate, Expectations, Expected rate of inflation, Foreign Income, Exchange Rates
2
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Long Run Aggregate Supply
Resource Base, Level of Tech, Institutional arrangements that affect productivity
3
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Short Run Aggregate Supply
Resource Price, Expected Rate of Inflation, Supply Shocks,
4
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5
5
Note 
Flashcards (21)