Unit 2: Introduction to Macroeconomics
Lesson 12b: The AD/AS Model - AS and Equilibrium in the Macro-Economy
(UE, IN, and EG)
Key Graphs
Aggregate (AS) Supply
Increase in AS (shifts right)
|
Decrease in AS (shifts left)
Macroeconomic Equilibrium
Change (Increase) in AD
Change (Increase) in AS
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Lesson 12b