Price level rises, After short run aggregate quantity supplied increase, Input suppliers raise prices when renew contracts, Nominal and real cost of production rises with price level, Firms restore original output level, Therefore, there is no change in aggregate output supplied in the long run.

Bk 5 ch4 Long run adjustment

由
嵌入

排行榜

視覺風格

選項

切換範本

恢復自動保存: ?