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11. What are the two topics Macroeconomics is mainly concerned? (See the intro. to ch.6) Macroeconomics is concerned with 1 ong-run ( . 2) short-run (. ) and How are the two topics related to each other? These phenomena are closely related to each other because they happen simultaneously. We tend to observe, however, positive growth trends in the (.short. long ) run, but a great deal of variability in the ( short. long) run.

11. What are the two topics Macroeconomics is mainly concerned? (See the intro. to ch.6) Macroeconomics is concerned with 1 ong-run ( . 2) short-run (. ) and How are the two topics related to each other? These phenomena are closely related to each other because they happen simultaneously. We tend to observe, however, positive growth trends in the (.short. long ) run, but a great deal of variability in the ( short. long) run.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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11. What are the two topics Macroeconomics is mainly concerned? (See the intro. to ch.6) Macroeconomics is concerned with 1)long-run ( 2) short-run ( ) and ). How are the two topics related to each other? These phenomena are closely related to each other because they happen simultaneously. We tend to observe, however, positive growth trends in the (short. long ) run, but a great deal of variability in the ( short. long ) run.
Transcribed Image Text:11. What are the two topics Macroeconomics is mainly concerned? (See the intro. to ch.6) Macroeconomics is concerned with 1)long-run ( 2) short-run ( ) and ). How are the two topics related to each other? These phenomena are closely related to each other because they happen simultaneously. We tend to observe, however, positive growth trends in the (short. long ) run, but a great deal of variability in the ( short. long ) run.
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