Bell (1968) showed that the short-run economic impact of the Papal-Bishop decree was a fall in the

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Bell (1968) showed that the short-run economic impact of the Papal-Bishop decree was a fall in the price of fish in New England. In the long-run, what isnotone effect we could predict?

Some fishermen will leave the fish industry

Some firms will join the meat market

The price of leather will decrease

Unemployment will rise

Posted Date: Jun 12, 2024 01:01 PM

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Bell (1968) showed that the short-run economic impact of the Papal-Bishop decree was a fall in the

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