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

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User Edper
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1 Answer

6 votes
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.
answered
User Tankobot
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8.7k points
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