Changes in the long run aggregate supply

IB Economics: Changes in the long run aggregate supply

This lesson connects a shift in the production possibility frontier (PPF) which your classes will have learnt at the beginning of the course with a shift in the productive capacity of the economy - long run aggregate supply.What happens when the long-run equilibrium changes?.Lesson time: 70 minutesLesson objectives: Examine, using diagrams, the impacts of changes to the long-run equilibrium.


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