Shocks to an economy such as wars famines or the


Shocks to an economy, such as wars, famines, or the unification of two economies. Often generate large one-time flows of workers across borders. What are the short-run and long-run effects on an economy of a one-time permanent increase in the stock of labor? Use a diagram to guide your arguments.

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Business Economics: Shocks to an economy such as wars famines or the
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