What Supply-Side Policy Does
What Supply-Side Policy Does
Long-run aggregate supply, or LRAS, shows the economy's productive capacity when all resources are fully employed. A successful supply-side policy increases productive capacity, so LRAS shifts to the right.
Step-by-step lessons on CIE Intl A Level Economics 5.4.4 AD/AS analysis of the impact of supply-side policy. Each one builds up to exam-style questions.