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12 May 2019

How does an economy achieve macroeconomic equilibrium? What affect does a high level of inflation have on macroeconomic equilibrium?

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Tod Thiel
Tod ThielLv2
14 May 2019

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Principles of Economics
2nd Edition, 2017
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ISBN: 9781947172364
Principles of Macroeconomics
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c.How does a quota on the textile imports affect the textile industry?

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How has the macroeconomic environment changed over the last five years? How will it change over the next five years?

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D. When the economy is at long-run equilibrium, actual GDP=potential GDP.

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