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Introduction to Economics 2
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Aggregate Demand-Aggregate Supply Analysis and Economic Stability soru cevapları
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Aggregate Demand-Aggregate Supply Analysis and Economic Stability soru detayı:
SORU:
Why do classical economists argue that the short-run supply curve is completely vertical or rather steep?
CEVAP:
Classical economists argue that the short-run supply curve is completely vertical or rather steep because the economy is always at full of employment as a result
of dynamics of the market mechanism.