Re: ISI 2017 key
Posted by Asd1995 on May 23, 2017; 2:15pm
URL: http://discussion-forum.276.s1.nabble.com/ISI-2017-key-tp7604137p7604641.html
That makes sense, but can you quote a source?
Picked up from google:
"While the long run aggregate supply curve is vertical, the short run aggregate supply curve is upward sloping. There are four major models that explain why the short-term aggregate supply curve slopes upward. The first is the sticky-wage model. ... The fourth is the sticky- price model"