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Business, 21.05.2020 23:59 sophiaa23

Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of confidence in policymakers, people become pessimistic regarding the future and retain that level of pessimism for some time. Scenario 1 - Pessimism. How is the new long-run equilibrium different from the original one? Group of answer choices

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Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international ten...
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