Mindmap
The Long-Run Aggregate Supply Curve
Inhalt der Mindmap
The Long-Run Aggregate Supply Curve
Definition: relationship between aggregate price level and quantity of aggregate output supplied if prices were fully flexible
Main idea in long run is that it is flexible, not sticky
Both the work and the productivity of labor rise
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- 12th grade Government Mindmap am The Long-Run Aggregate Supply Curve, erstellt von Alejandra Lopez am 23/04/2018.
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- Alejandra Lopez
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