Y1 17) Causes of Economic Growth (Short Run and Long Run)

101 Dalmatian’s 😂. I absolutely loved this video Dal, let’s just say you don’t dilly dally 😂😉. I’m very pleased with the amount of content you have represented in this video. This will be the last thing my starving child will ever see, is there any better way to go ?! As always thank you Dal-I lama. Live laugh love,
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I don't think this video is in the correct order in the yr1 macro playlist, as AS and LRAS had never been introduced along with other things.

Question: If real gdp is the total VALUE of goods and services produced taking into account inflation then how as the graph reaches YFE and the prices climb does the real gdp stay stagnant. I get that there is no spare capacity and there is a limited output and that we have reached max output of goods and services but surely if the prices are increasing then this will increase the real GDP yet it shows the real gdp to be stagnant once yfe is reached. Why?

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Where’s Y1 4?

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2years ago and still helpful. Thank you so much Sir.

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Could you also say a shift of SRAS causes short-run economic growth

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Hi i just had my Econ mock , you were an essential source of revision! I'm not very good at the subject so hope I just pass but I was wondering is demand for oil just highly inelastic or perfectly inelastic?

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