Question:
How can Short Run Economic Growth be obtained? -How Influences how large the Short Run can be?
Author: eric_galvaoAnswer:
-This is done when AD Shifts to the Right. This means Demand-Side Factors will be Involved, for example, lowering Interest Rates or Government Spending -All down to how big the Multiplier Effect is. -Increasing SRAS also creates Short Run, meaning Factors that reduce the Production Cost, like Oil Price Reduction or Wages
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