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

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

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: 540875 Download Presentation

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

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