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Suppose that changes in technology A are not permanent. In other words, when A goes up, it stays high in the short run, but goes
Suppose that changes in technology A are not permanent. In other words, when A goes up, it stays high in the short run, but goes back to its original level in the long-run. Do the comparative static exercise for a temporary change in A and discuss how the effects on the economy differ from those when changes in A are permanent
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