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24 December, 06:28

Economists distinguish between the short run and the long run by noting that

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  1. 24 December, 06:56
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    I believe the answer is: some inputs cannot be varied in the short run

    For most economic decisions, we need to implemented for a long period of time before we could see a certain result.

    This often make presidents become falsely accredited for the economic decisions that made by the past presidents.
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