Skip to main content

Changes in SRAS

Syllabus: Explain, using a diagram, how the AS curve in the short run
(SRAS) can shift due to factors including:
  • changes in resource prices,
  • changes in business taxes and subsidies and
  • supply shocks. (eg Drought, OPEC, War, Force Majeur and so on)

If you would prefer to view this interaction in a new web window, then please follow the link below: