Why do we consider a business-cycle expansion different from long-run economic growth? Why do we care about
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Why do we consider a business-cycle expansion different from long-run economic growth? Why do we care about the size of the long-run growth rate of real GDP relative to the size of the growth rate of the population?
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Business Cycle Expansions vs LongRun Economic Growth Business cycle expansions and longrun economic growth are distinct concepts although they are rel...View the full answer
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