What is the reason behind economists thinking differently about short-run and long-run changes in macroeconomic variables?

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Quantitative Analysis for Management

ISBN: 978-0132149112

11th Edition

Authors: Barry render, Ralph m. stair, Michael e. Hanna

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Posted Date: Sep 05, 2020 10:09 AM

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What is the reason behind economists thinking differently about short-run and long-run changes in macroeconomic variables?

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Expert Answer:

1Economist always have different thinking level between Short run and Long run changes in a micro economic variable because in short run it is limited ... View the full answer

Quantitative Analysis for Management

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