hi students!!!
this is hand made notes of
AD and AS in long run/ Price level and GDP in long run
of economics in bcom pass
contents:
- nature of long run agg supply curve
- equilibirium in long run and slow now GDP and price level
- equilibrium of long run flow is affected by change in LRAS
- expansionary shock / inflationary gap
- automatic stabilizer.
note : if this is helpful for you then dont forget to help other students by posting some more useful stuff here
thanks
rusty