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Documents 9 THE REAL ECONOMY IN THE LONG RUN Chapter 25 Production and Growth.

9 THE REAL ECONOMY IN THE LONG RUN Chapter 25 Production and Growth 25.1 Production and Growth A country’s standard of living depends on its ability to produce goods and…

Documents 12 SHORT-RUN ECONOMIC FLUCTUATIONS Chapter 33 Aggregate Demand and Aggregate Supply.

12 SHORT-RUN ECONOMIC FLUCTUATIONS Chapter 33 Aggregate Demand and Aggregate Supply Short-Run Economic Fluctuations Economic activity fluctuates from year to year. In most…