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TRUE/FALSE/MAYBE and EXPLAIN The Aggregate Expenditure (AE) model is a short-run model. The Solow-Swan model is a longrun model. Yet both assume that there are

TRUE/FALSE/MAYBE and EXPLAIN "The Aggregate Expenditure (AE) model is a short-run model. The Solow-Swan model is a longrun model. Yet both assume that there are no "idle funds", i.e. any funds not consumed are saved and automatically funneled into investment. How can this be possible given that there can be output gaps in the short run?"

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