What would causea a steep adi curvenbspb a gently sloping
What would cause(a) a steep ADI curve; (b) a gently sloping ADI curve? Compare the short run and long run effects of (i) a temporary adverse supply shock and (ii) a permanent supply reduction under each of (a) and (b).
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what would causea a steep adi curvenbspb a gently sloping adi curve compare the short run and long run effects ofnbspi
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