What are the long-run macroeconomic goals

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Reference no: EM13994753

a. What are the long-run macroeconomic goals? What is long-run macroeconomic equilibrium? How the goals are relate to the macroeconomic equilibrium?

b. Suppose that consumers and investors become pessimistic about the future health of the economy. What will happen to aggregate demand and to output?

Reference no: EM13994753

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