Business-cycle expansion-long-run economic growth
Why do we consider a business-cycle expansion different from long-run economic growth? Why do we care about the size of the long run growth rate of real GDP versus the size of the growth rate of the population?
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Congrats on that: Letter Complimenting a former business acquaintance for national recognition. You pull the new issue of Fortune magazine out of the stack of mail and are quite pleased to see Indra Nooyi on the cover. Not only was Nooyi recently app
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