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The short-run economic outcome resulting from the increase in production costs is known as . Suppose now that the government immediately pursues an accommodative policy
The short-run economic outcome resulting from the increase in production costs is known as . Suppose now that the government immediately pursues an accommodative policy by increasing government purchases in response to the short-run impact of the higher oil prices
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The World Economy Geography, Business, Development
Authors: Frederick P. Stutz, Barney Warf
6th edition
321722508, 321722507, 978-0321722508
