Question
The President wants you to explain how does the economy of Manulo transition from the short run equilibrium to the long run equilibrium so he
The President wants you to explain how does the economy of Manulo transition from the short run equilibrium to the long run equilibrium so he can decide whether to put together an economic policy reponse. In other words, what is the difference between the long run and short run and how does an economy move from one equilibrium to the other?
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
