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How aggregate demand and supply shifts cause GDP fluctuations
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How aggregate demand and supply shifts cause GDP fluctuations
7:39
About this lesson
Increase in Aggregate Demand
- Shifts to the right
- Price level increase
- Inflationary gap
- Demand Higher Money Wage
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Video 1 of 4
How aggregate demand and supply shifts cause GDP fluctuations
8 min
• Selected
Short-run and long-run effects of a decrease in aggregate demand
5 min
Stagflation from a decrease in aggregate supply
4 min
Increase in aggregate supply and the expansionary gap
4 min