Guest Posted May 19, 2015 Report Share Posted May 19, 2015 SO a quick question, when it comes to supply side policies, it is trying to increase long term aggregate supply right? But how about the short run aggregate supply then? I mean, if an economy increase the quantity and improve the quality of its resources, the long run aggregate supply will shift to the right. But does it mean the short run aggregate supply will increase as well? Reply Link to post Share on other sites More sharing options...
nina101 Posted May 19, 2015 Report Share Posted May 19, 2015 Yes, LRAS shifts as a result of a shift of SRAS, so both must happen at once. 1 Reply Link to post Share on other sites More sharing options...
Guest Posted May 19, 2015 Report Share Posted May 19, 2015 Yes, LRAS shifts as a result of a shift of SRAS, so both must happen at once.thank u . nice to see u again Reply Link to post Share on other sites More sharing options...
nina101 Posted May 19, 2015 Report Share Posted May 19, 2015 Oh, that's you, see u. As you have probably noticed, I do enjoy helping people with Econ Reply Link to post Share on other sites More sharing options...
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