Unusual labeling of the axes in the AD/AS diagrams
Your website uses inflation instead of price level, and economic growth instead of real GDP. I always tell my students to avoid this, and that they will get deductions for it in their standardized exams. I have not seen it anywhere else, and since MRU videos are generally of very high quality, I am curious to know why this choice was made. What are the pros and cons of this labeling? Thanks for a great website!