long-run equilibrium
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Is there a unique rate of inflation that corresponds to long-run equilibrium? What determines the rate of inflation when the economy is at long-run equilibrium?
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Long-run equilibrium is discussed very comprehensively in this explanation.
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Is there a unique rate of inflation that corresponds to long-run equilibrium? What determines the rate of inflation when the economy is at long-run equilibrium?
There is a unique rate of inflation to the long-run equilibrium. When the actual output is equal to the ...
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- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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