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What is meant by economic growth over the medium run. What is the medium run? Since short run usually is at disequilibrium and Long run
What is meant by economic growth over the "medium run". What is the medium run? Since short run usually is at disequilibrium and Long run is equilibrium, does this mean that the medium run is the movement's/ shifts that allow for the economy to stabilise? Basically, the actions taken to bring about equilibrium?
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