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Short Term and Long Term effects of demand and supply on the equilibrium point | Executive Management
![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
![Starting with the economy in long-run equilibrium, use the aggregate demand -- aggregate supply framework to illustrate what would happen to inflation and output in the short run if there were a Starting with the economy in long-run equilibrium, use the aggregate demand -- aggregate supply framework to illustrate what would happen to inflation and output in the short run if there were a](https://homework.study.com/cimages/multimages/16/b-image4301077396093008867.jpg)
Starting with the economy in long-run equilibrium, use the aggregate demand -- aggregate supply framework to illustrate what would happen to inflation and output in the short run if there were a
![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/ce3510c78b78727d6ae6b470a9693d3d.jpg)
22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics
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