Macro 3.1 AD, AS, and LRAS (Additional Version)
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- Опубліковано 6 вер 2010
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This is an old video where I explain aggregate demand, aggregate supply, and long run aggregate supply. Keep in mind that the "long run" is not a specific amount of time. The long run refers to enough time for resource prices (like wages) to adjust when there is a change in price level. Thanks for watching. Please subscribe!
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THIS IS THE GREATEST VIDEO EVER! I learned more in this 4 minutes than my whole 3 hour economics lecture. THANK YOU!!!!!
Exactly the same for me
12 years later and this video still helping people out, God bless you.
14*
1:21 "Done.... But not done." LOL he got me
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strider?
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+Uyen Vu as many*
+Uyen Vu
You obviously need a macro-economics lesson. If you were to do that, magically make one billion dollars appear, which the Federal Reserve does, it would lead to hyperinflation thus your efforts to helping people would bring about the demise of an entire economy.
Good thing your wish will never come true. (:
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+Uyen Vu Lol, Happy Holidays to you too!
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Did You pass??
@@brianv5666 I don't remember having to retake the course, so yeah it looks like I got through it lol double thumbs up on the video
My composition instructor was right, I used to use too many commas.
You’re passion for teaching really shows through with the effort you put forth explaining these topics. As I prepare to take my college level macroeconomics exam in ten minutes, thank you!!!!
how'd it go
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13 years later and this saved my ass, thank you!
This video sure gave a clear explanation of the topic generally. Awesome stuff man!
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Mr Clifford....my number one Economics teacher!!
wow thank you soo much for this video.. i'm studying this right now for an exam and this really helped me understand all of this wayy more clearly then my teacher and a good 20 pages worth of readings could do soo thank youu!
i have my final in less than an hour and this was more helpful than all of my econ lectures combined
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+Rossella De Falco Thanks Rossella. I have a bunch of more videos. Check'em out.
Soooo helpful! Those charts were really confusing me.
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good one.well explain and on point
Okay this makes sense especially LRAS thanks so much
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Thanks Mr C
Nice video. However, we should also recall that that when price level goes up in the short run, purchasing power of consumers will decrease (C decreases ), and interest rate will increase (Investment decreases) , so AD2 will also shift back to the left (not necessary to AD1).
Thanks, saved me heaps of time !!! HEAPSS
love it quick and on point. easy to pause and take notes with out all the borrowing um's and ok's.
So useful thx 🙏
man your a life saver i have an econ midterm on thursday. im just wondering aggregate expenditures is just another way of saying gdp right? its a measure in the total consumption of the economy right? and it deals with the marginal propensity to save and consume.
This guy taught me in 3 minute what a professor tried to convey in 2 hours. maaaan.
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bravo, time for the exam! lol
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lost my voice four days ago. thanks for these Jacob for my students to continue learning ....
+Nora Seager No problem. I'm glad I was able to help. I have even more videos coming out before the AP Exam. See you in June.
Very helpful!!
+Nour Levine This video is super old, but I'm glad that it was helpful.
Is the concept you were talking about called "Say's Law"?
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