5. Why do we consider a business-cycle expansion different from long-run economic growth? Why do we care

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5. 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 versus the size of the growth rate of the population?

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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Question Posted: Oct 16, 2024 07:01 AM

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5. Why do we consider a business-cycle expansion different from long-run economic growth? Why do we care

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Macroeconomics In Modules

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