![What is the difference between the short-run Phillips curve and the long-run Phillips curve? Use an aggregate supply and demand diagram to explain why there is a difference between them. | Study.com What is the difference between the short-run Phillips curve and the long-run Phillips curve? Use an aggregate supply and demand diagram to explain why there is a difference between them. | Study.com](https://study.com/cimages/multimages/16/cms23657620557774806955.png)
What is the difference between the short-run Phillips curve and the long-run Phillips curve? Use an aggregate supply and demand diagram to explain why there is a difference between them. | Study.com
![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/ddfaf64b36284ed41b1e01d889fabc49.jpg)
22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics
![The graph below shows the long-run aggregate supply (LRAS), the short-run aggregate supply (SRAS), and aggregate demand (AD) curves for a given economy. Manipulate the curves to show the long run effe The graph below shows the long-run aggregate supply (LRAS), the short-run aggregate supply (SRAS), and aggregate demand (AD) curves for a given economy. Manipulate the curves to show the long run effe](https://study.com/cimages/multimages/16/20190410_83468822897040402188.jpg)
The graph below shows the long-run aggregate supply (LRAS), the short-run aggregate supply (SRAS), and aggregate demand (AD) curves for a given economy. Manipulate the curves to show the long run effe
![macroeconomics - Short run Aggregate supply curve is horizontal or positively sloped? - Economics Stack Exchange macroeconomics - Short run Aggregate supply curve is horizontal or positively sloped? - Economics Stack Exchange](https://i.stack.imgur.com/RpSt8.jpg)
macroeconomics - Short run Aggregate supply curve is horizontal or positively sloped? - Economics Stack Exchange
How do fluctuations in aggregate demand and short-run aggregate supply explain Canada's current decline in real GDP? - Quora
![The figure below shows the short-run aggregate supply curve (AS), the aggregate demand curve (AD), and the long-run aggregate supply curve | Study.com The figure below shows the short-run aggregate supply curve (AS), the aggregate demand curve (AD), and the long-run aggregate supply curve | Study.com](https://study.com/cimages/multimages/16/negative_supply_shock_16111238329659697863.png)
The figure below shows the short-run aggregate supply curve (AS), the aggregate demand curve (AD), and the long-run aggregate supply curve | Study.com
![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)