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Suppose the economy is in the long-run equilibrium. The COVID pandemic affected both the aggregate demand and aggregate supply of the economy. If there were
Suppose the economy is in the long-run equilibrium. The COVID pandemic affected both the aggregate demand and aggregate supply of the economy. If there were no active monetary or fiscal policy, we would expect that in the short run
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International Economics
Authors: James Gerber
6th edition
978-0132950145, 132950146, 132948915, 978-0132948913
