Question: The question posed is: Macroeconomic models indicate very different determinants of economic growth in the short run and long run. Is this true? Critically assess
The question posed is: Macroeconomic models indicate very different determinants of economic growth in the short run and long run. Is this true?
Critically assess this statement.
We are working with a macroeconomics book from Carlin & Soskice called: Macroeconomics: Institutions, Instability, and the Financial System
I just don't know how to approach the question. Are there any points I should consider and take into account?
Thank you. I know this is not a straight-forward question, but just an approach really help.
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