![22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics 22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/47d275cb1b4b140582e940b0f78d095b.jpg)
22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics
![The long-run aggregate supply curve Suppose the hypothetical economy of Curlyoria produces real GDP of $40 billion when unemployment is at its natural rate. Use the purple line (diamond symbols) to p The long-run aggregate supply curve Suppose the hypothetical economy of Curlyoria produces real GDP of $40 billion when unemployment is at its natural rate. Use the purple line (diamond symbols) to p](https://homework.study.com/cimages/multimages/16/graph_24345350936607672564.png)
The long-run aggregate supply curve Suppose the hypothetical economy of Curlyoria produces real GDP of $40 billion when unemployment is at its natural rate. Use the purple line (diamond symbols) to p
![Graph the short-run aggregate supply curve (SRAS) according to classical macroeconomics: 1. According to the classical view, how does an increase in aggregate demand affect aggregate output? a. Has n | Homework.Study.com Graph the short-run aggregate supply curve (SRAS) according to classical macroeconomics: 1. According to the classical view, how does an increase in aggregate demand affect aggregate output? a. Has n | Homework.Study.com](https://homework.study.com/cimages/multimages/16/screen_shot_2019-03-17_at_1.05.08_pm8253457840576121676.png)