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Dynamic Change, Economic Fluctuations, and the AD-AS Model Dynamic Change, Economic Fluctuations, and the AD-AS Model

Dynamic Change, Economic Fluctuations, and the AD-AS Model - PowerPoint Presentation

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Uploaded On 2018-09-16

Dynamic Change, Economic Fluctuations, and the AD-AS Model - PPT Presentation

Anticipated and Unanticipated Changes Understanding Macroeconomics Our Game Plan Anticipated changes are fully expected by economic participants Decision makers have time to adjust to ID: 667541

increase sras prices run sras increase run prices price long supply unanticipated real aggregate output level lras resource demand

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