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A change to a variable in a model that causes other variables to deviate from their long-run equilibrium values in the short run or in
A change to a variable in a model that causes other variables to deviate from their long-run equilibrium values in the short run or in the long run is referred to as a Group of answer choices deviation. shock. standard deviation. disequilibrium catalyst
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
