Explain why the greater flexibility of prices as time passes causes economists to utilize different macroeconomic models

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Explain why the greater flexibility of prices as time passes causes economists to utilize different macroeconomic models for different time horizons.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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Question Posted: Sep 28, 2024 04:00 AM

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Explain why the greater flexibility of prices as time passes causes economists to utilize different macroeconomic models for different time horizons.
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Explain why the greater flexibility of prices as time passes causes economists to utilize different macroeconomic models

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Macroeconomics

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