Page 1 of 1

What distinguishes a short-run versus a long-run supply shock? Why is equilibrium in the long-run dependent on governmen

Posted: Wed Apr 27, 2022 12:20 pm
by answerhappygod
What distinguishes a short-run versus a long-run supply shock?
Why is equilibrium in the long-run dependent on government action?
What happens when government intervenes relative to a short run
supply shock? (2 paragraphs)