nominalinterest
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What is the difference between the non-linear SRAS curve and the non-linear (Keynesian) LRAS curve?
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TSR Jessica
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Sorry you've not had any responses about this. Are you sure you've posted in the right place? Here's a link to our subject forum which should help get you more responses if you post there.


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(Original post by nominalinterest)
What is the difference between the non-linear SRAS curve and the non-linear (Keynesian) LRAS curve?
Moved to Economics study help.

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Shoot
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I believe, the SRAS non-linear curve is regarding the "output" - in the sense that it's elasticity is to do with the costs of production, such as a rise in the oil prices. The LRAS non-linear curve is regarding the quality and quantity of factors of production.
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