Economists are saying that currently, Bangladesh's GDP is lower than it is supposed to in the long

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Economists are saying that currently, Bangladesh's GDP is lower than it is supposed to in the long run, hence prices are falling.

Given the above situation, in which state is the economy in? In which state is the labour market in? Assuming the economy is self-regulating, explain the mechanism through which the economy reaches long-run equilibrium.

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International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

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Posted Date: Mar 26, 2024 11:10 AM

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Economists are saying that currently, Bangladesh's GDP is lower than it is supposed to in the long

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The situation described suggests that Bangladeshs GDP is currently below its potential or longrun le... View the full answer

International Marketing And Export Management

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