Aggregate Supply and Demand

Dav, Lovie, and El

Key Notes

  • Aggregate Demand (AD)
  • Aggregate Supply (AS)
  • Short-Run and Long-Run AS
  • Macroeconomics Equilibrium
  • The Inflation and Unemployment Trade-Off
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References

Khan Academy

Study.com

YouTube

AP 5 Steps To A 5 Macroeconomics Workbook

Important AP questions

  1. Which is the best way to describe the AS curve in the long run?
  2. What is the main contrast between the short-run and long-run Phillips curve?
  3. The effect of the spending multiplier is lessened if...