classical approach to changing price level and putput
Subdecks (2)
An increase in short run aggregate supply (SRAS)
Paper 2- UK economy performance & policies > Theme 2: The UK economy > National income 2.4 > equilibrium levels > part b- use of AD/AS diagrams > Change in Equilibrium Price Level & Real National Output > classical approach to changing price level and putput10 cardsincrease in AD- classical approach
Paper 2- UK economy performance & policies > Theme 2: The UK economy > National income 2.4 > equilibrium levels > part b- use of AD/AS diagrams > Change in Equilibrium Price Level & Real National Output > classical approach to changing price level and putput7 cards