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An Economy Is in Long-Run Equilibrium When Output Equals Potential

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An economy is in long-run equilibrium when output equals potential output.Why is there no long-run equilibrium rate of "potential inflation"?


Definitions:

Honey Pot

A computer system that’s set up to attract unauthorized users by appearing to be a key part of a network or a system that contains something of great value.

Frame

Groups of data packets that are sent together in a package.

Access Method

A method to control which computer is allowed to use transmission media at a certain time.

Ring Networks

A network topology where each node is connected to exactly two other nodes, forming a single continuous pathway for signals through each node - a ring.

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