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