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Equilibrium output in the short run (1 Viewer)

K

kachman

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Jun 22, 2014
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Male
HSC
2006
Why cant actual income be more than The equilibrium output?
 
F

faker

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Joined
Aug 1, 2014
Messages
11
Gender
Male
HSC
2014
Its to do with the structure of the model which we use, its a simple system as such, it only takes into account equilbrium output not other factors ...
 
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