Economics: Private and Public Choice
Economics: Private and Public Choice
16th Edition
ISBN: 9781337642224
Author: James D. Gwartney; Richard L. Stroup; Russell S. Sobel
Publisher: Cengage Learning US
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Chapter 9, Problem 7CQ
To determine

Explain the reason why it is possible for the economy to temporarily achieve output levels beyond the long-run potential level. 

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