Linking Microeconomics With Macroeconomics Flashcards
1
Q
Impact Of Firms seeing an increase in revenue
A
AD shifts outwards
2
Q
Impact Of Firms seeing an increase in costs
A
SRAS shifts inwards
3
Q
Dynamic Efficiency Impact
A
Outward shift in LRAS
4
Q
Depreciation In Pound
A
Increase in Costs and Increase in Revenue
Inwards Shift in SRAS and Outwards Shift in AD
5
Q
A
6
Q
A
