Monetarist view of LRAS
The monetarist or new classical view shows long-run aggregate supply as a vertical line at the full employment level of output.
Where this appears
The syllabus topics that use this term.
Welcome to IBonomics! We are excited to launch and hope you find the website useful! Learn more about us here!
The monetarist or new classical view shows long-run aggregate supply as a vertical line at the full employment level of output.
The syllabus topics that use this term.