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Macroeconomic model reference

AD-AS-LRAS Model

A short-run demand and supply framework showing how price level and output move when demand or cost conditions shift around long-run capacity.

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Concepts, data, and nearby models

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Concepts

AD-ASAggregate demandAggregate supply

Indicators

Real GDPgdp.realHeadline CPIprices.cpi.headlineUnemployment ratelabor.unemployment.rate

Policy

Fiscal policyMonetary policy

Nearby models

IS-LMPhillips curveNew Keynesian DSGE