LRAS aggregate supply curve (LRAS)
Monetarists believe that the LRAS aggregate supply (LRAS) curve is vertical at the full employment level of output in the long run (see Figure 17.8).
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The syllabus topics that use this term.
Monetarists believe that the LRAS aggregate supply (LRAS) curve is vertical at the full employment level of output in the long run (see Figure 17.8).
The syllabus topics that use this term.