Economic growth in the AD-AS model
In this video we'll define economic growth and show how to illustrate it in the AD-AS model. We'll also distinguish between "recover" and "growth" and short-run vs. long-run economic growth.
In this video we'll define economic growth and show how to illustrate it in the AD-AS model. We'll also distinguish between "recover" and "growth" and short-run vs. long-run economic growth.