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In this lesson summary review and remind yourself of the key terms and graphs related to shortrun aggregate supply topics include sticky wage theory and menu cost theory as well as the causes of shortrun aggregate supply shocks

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    he aggregate supply AS curve is going to show us the production of everything inside the entire economy We will discuss this concept by chronological order starting with the long run or LRAS which is the theory developed by the classical economists before the Great Depression when Keynes developed his model know by his own name

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