02:31duration 2 minutes 31 seconds
LRAS with Positive AD Shock
02:21duration 2 minutes 21 seconds
LRAS with Negative AD Shock
01:25duration 1 minute 25 seconds
Short Run Equilibrium - Aggregate Demand Shocks
01:30duration 1 minute 30 seconds
The Long Run Aggregate Supply Curve
01:00duration 1 minute 0 seconds
Increase in the Supply of Labor and the Long Run…
Increase in the Supply of Labor and the Long Run Aggregate Supply Curve
01:14duration 1 minute 14 seconds
Deriving the Long Run Aggregate Supply Curve
01:50duration 1 minute 50 seconds
The Neoclassical Perspective - The Connection…
The Neoclassical Perspective - The Connection Between the LRAS and the Phillips Curve
The Connection Between the LRAS and the Phillips Curve. Image provided by OpenStax.