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    Macroeconomics Study Set 30
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    Exam 9: An Introduction to the Short Run
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    The Relationship Between Actual Output in an Economy, the Long-Run
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The Relationship Between Actual Output in an Economy, the Long-Run

Question 81

Question 81

True/False

The relationship between actual output in an economy, the long-run component, and the short-run component is given as: Long-run trend = Current output + Short-run fluctuations.

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