How does the AS during short run slopes?
Draw AS curve in the long run
Explain the slope of the AS curve in the long run
What are the causes for the changes in AS (Shift)?
What is Equilibrium in AD and AS
What happens if AD increases above equilibrium point?
What happens when AD decreases below equilibrium?
What happens when AS increases above equilibrium?
What happens when AS decreases below equilibrium?
Does the shift in AD affect output in the short run?
How about long run?
Does the shift in AD affect prices in the long run?
How about short run?
Fiscal policy, deficit and debt