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6.1 Learning Outcomes: . Compare the dynamics of economic activity in a Short Run and a Long Run. . Comment on the role of government

6.1 Learning Outcomes: . Compare the dynamics of economic activity in a Short Run and a Long Run. . Comment on the role of government and government regulations on economic activity. . Define economic recession and depression. . Calculate changes in the economic indicators. . Analyze the relationship between Aggregate Demand and Aggregate Supply. . Discuss sticky price and sticky wages theory

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