Macro: Unit 2.3 -- Long-Run Aggregate Supply

Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Define long-run aggregate supply - Explain the factors that contribute to the constant relationship between price level and real GDP output supplied - Identify the 4 components of long-run aggregate supply and discuss how several factors can influence long-run aggregate supply - Demonstrate how changes in the LRAS curve correlate to changes on a PPC Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/Product/Long-Run-Aggregate-Supply-Activity-3118444 Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram -- http://www.instagram.com/youwillloveh... Facebook -- http://www.facebook.com/youwilllovehi... Subscribe to our YouTube Channel: https://www.youtube.com/youwillloveeconomics Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil...