Policies that affect the supply of output in the economy as, Microeconomics

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Policies that affect the supply of output in the economy as

Policies that affect the supply of output in the economy as a whole are:

1. Most relevant to the long run growth framework.

2. Most relevant to the short run business cycle framework.

3. Relevant to neither the short run business cycle nor long run growth frameworks.

4. Completely and utterly impossible to say, since the short run and long run are one and the same.

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Microeconomics: Policies that affect the supply of output in the economy as

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Microeconomics: Policies that affect the supply of output in the economy as

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