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YouTubeJacob Clifford
Aggregate Supply- Macro Topics 3.3 and 3.4
Hey econ students. In this video I explain the short run and long run aggregate supply curves. In the short run, wages and resource prices don’t change when there's a change in price level. But, in the long-run, wages and resources prices adjust and the economy returns to full employment. Be sure to let me know how you do on the practice ...
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