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Watch this video on the AD-AS Model we studied in Unit 3 and the Phillips curve. Sal Kahn examines the long-run Phillips curve and explains the links between changes in the AD-AS model and the Phillips curve model.
Source: Khan Academy, https://youtu.be/Sp322oNOQLA This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Tuesday, 14 May 2024, 1:39 PM