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 questions and check out my Ultimate Review Packet if you need more practice or just want to say, “thanks Clifford for making these videos.”
Thank you for watching my videos and supporting my YouTube channel. You rock!

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[JacobAClifford]

The answers to the practice multiple-choice questions are below. Just click on "Read more".



1. D
2. E
3. E
4. B
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