Question
Explain and demonstrate graphically the effects of a negative supply shock in both the short-run and long-run. Show and explain how your answer would differ
Explain and demonstrate graphically the effects of a negative supply shock in both the short-run and long-run. Show and explain how your answer would differ if the negative shock was permanent rather than temporary.
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The Chinese Economy Transitions And Growth
Authors: Barry Naughton
1st Edition
0262640643, 9780262640640
