Macro 3.3 &3.4 - Aggregate Supply Short Run and Long Run

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This video covers topic 3.3 & 3.4 of the AP Macroeconomics Course Exam Description (CED). This video is all about Aggregate Supply. It covers Short Run Aggregate Supply (SRAS), Long Run Aggregate Supply (LRAS), Sticky Wages, Flexible Wages, SRAS Shifters, and LRAS Shifters.

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The videos on AP classroom and my online teacher are triple the amount of time as this video and are SO CONFUSING... I'm currently trying to do an assignment for this right now and THANK YOU SO MUCH!! You're litteraly a life saver right now!!!

KaleenaKimKaleena
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this channel is literally the only reason i’m passing econ

opossum
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Is the short run aggregate supply curve that I see in my notes that starts out relatively flat then curves upwards describing the same relationship between gen price level and real national output and if so, why are there 2 SRAS curves? o.o

potofcandies
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i didnt really grasp the third shifter "inflation expectation" does that mean higher inflation shifts SRAS to the right?

myplace
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could you make a simplified version of this video im confused

bindusimon