Crash Course Economics video with Adriene and Jacob discussing the dynamics of economy, recession, hyperinflation and stagflation. [9:53]

Thinking about whether inflation in the late 1960s is consistent with the AD-AS model.

A real-world example of the concepts behind the AD-AS model is the inflation that the United States experienced in the late 1960s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our...