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The long run is a period of time when Question content area bottom Part 1 A. Adam Smith's invisible hand works well. B. the economy
The long run is a period of time when Question content area bottom Part 1 A. Adam Smith's invisible hand works well. B. the economy is a full employment. C. all prices have adjusted to equilibrium prices. D. the economy is at potential GDP. E. all of the above are true
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
