Discuss what economists believe is different about the long and short run.
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Q111: The long-run trend in real GDP is
Q226: All explanations for the upward slope of
Q227: Economists mostly agree that the Great Depression
Q228: During World War II, output increased by
Q229: Increased output and prices in Canada in
Q230: If the government increased the money supply
Q232: Because not all prices adjust instantly to
Q233: When all prices rise together, there is
Q234: In response to a decrease in output,
Q236: Stagflation would result from the aggregate-supply curve
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