An Introduction to Aggregate Supply
24:48
YouTubeJason Welker
An Introduction to Aggregate Supply
The Aggregate Supply curve is one of the more complicated concepts in Macroeconomics. This video explains the theories behind the short-run and the long-run AS curves, and shows how a nation's economy will respond to a change in aggregate demand in both the fixed-wage and the flexible-wage periods. Want to learn more about economics, or just be ...
170.7K viewsNov 7, 2011
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