In terms of aggregate supply, a period in which nominal wages and other resource prices are fully responsive to price-level changes is called the

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David Carney · Answer 1 · 2024-06-09T06:20:20+0000

in terms of aggregate supply a period in which nominal wages and other resource prices are fully responsive to price -level changes is called the LONG RUN.

In terms of aggregate supply, a period in which nominal wages and other resource prices are fully responsive to price-level changes is called the

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