AD AS Flashcards

1
Q

SRAS

A

short run aggregate supply

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2
Q

AD

A

aggregate demand

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3
Q

negative demand shock

A

AD shifts left

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4
Q

positive demand shock

A

AD shifts right

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5
Q

negative supply shock

A

SRAS shifts left

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6
Q

positive supply shock

A

SRAS shifts right

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