Model (person) and dominated the London fashion scene and were well paid, unlike their predecessors. Twiggy became The Face of '66 at the age of 16. At this time, model agencies were not as restrictive about the models they represented, although it was uncommon for them to sign shorter models. Twiggy, who stood at with a 32" bust and had a boy's haircut, is credited with changing model ideals. At that time, she earned £80 an hour, while the average wage was £15 a week. In 1967, seven of the top model agents in London formed the Association of London Model Agents.
AD–AS model component in any of a variety of dynamic models (models of how variables like the price level and others evolve over time). The AD–AS model can be related to the Phillips curve model of wage or price inflation and unemployment. A special case is a horizontal AS curve which means the price level is constant. The AD curve represents the locus of equilibria in the IS–LM model. The two models produce the same results with a constant price level. The AD (aggregate demand) curve is defined by the IS–LM equilibrium income at different potential price levels. The downward sloping AD