BuyFind

Macroeconomics: Private and Public...

16th Edition
James D. Gwartney + 3 others
Publisher: Cengage Learning
ISBN: 9781305506756
BuyFind

Macroeconomics: Private and Public...

16th Edition
James D. Gwartney + 3 others
Publisher: Cengage Learning
ISBN: 9781305506756

Solutions

Chapter
Section
Chapter 10, Problem 8CQ
Textbook Problem

When actual output exceeds an economy’s full-employment output, how will the self-correcting mechanism direct the economy to long-run equilibrium? Why can’t the above-normal output be maintained?

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