Khan Academy
Khan Academy: Demand Pull Inflation Under Johnson
Thinking about whether inflation in the late 1960s is consistent with the AD-AS model.
Khan Academy
Khan Academy: Cost Push Inflation
A real-world example of the concepts behind the AD-AS model is the oil shocks the United States experienced in the late 1970s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our...
Khan Academy
Khan Academy: Demand Pull Inflation Under Johnson
A real-world example of the concepts behind the AD-AS model is the inflation that the United States experienced in the late 1960s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our...