The long run in macroeconomics is the period of time in which prices do not change or do not change very much.
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Q1: In the short run
A) the level of
Q3: In the short run, the level of
Q4: In the short run, decreases in government
Q5: Suppose an economy that has been operating
Q6: If GDP is _ potential output, the
Q7: The level of GDP is determined by
Q8: Suppose the unemployment rate is _ the
Q9: Suppose an economy that has been operating
Q10: Wages and prices throughout an economy will
Q11: Suppose GDP _ the level of potential
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