Supply Side Policies | Market Based vs Interventionist | IB Macroeconomics
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- เผยแพร่เมื่อ 1 พ.ค. 2014
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Well done sir , l enjoy your videos, however l am interested as to why you did not talk about shifting LRAS outwards?. Surely thats the aim to improve the productive potential of an economy in a sustainable way. I understand SRAS shifting outwards especially as market based policies take effect. However l was of the opinion that the main aim of an economy pursuing supply side policies are seeking sustainable ways to increase the productive potential and as a result shift LRAS outwards. Unless of course they are operating nowhere near full employment.
Your videos are awesome, KEEP IT UP
Hey, thanks Yazan! I appreciate the positive vibe. Good luck and enjoy the rest of the series!
Great content Brad!
Thank you, I really appreciate it! Especially coming from you!
Mr. brad aftr the demand shock why nt is the equilibrium at whr AD2 intrscts LRAS. Instead u said it is whr AD2 and SRAS meets. wht is d criterion for equilibrium. Is it whethr AD meets LRAS or AD meets SRAS. Plz reply to oblige. thank u
Thank you
+Ben Sassoon You're welcome! Good luck in your studies! Econ is super cool. Keep working!