Economics (5th Edition)
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The shifts of LRAS curves are caused by factors ... more
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The economy is self regulating in the long run . ... more
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2008 economic crisis happened due to a fall in ... more
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The 1970 recession was caused by negative supply ... more
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The 1970 recession was caused by supply shock that... more
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During 1970s , the fuel price was high along with ... more
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The statement that there will be a rightward shift... more
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In the short-run, sticky nominal wages would cause... more
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; The rise in aggregate price level increases the... more
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There will no longer be a wealth effect on the ... more
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Positive supply shock will be first followed by ... more
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; Improvement in productivity increases the ... more
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; When the long-run average cost curve and the ... more
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