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In the short-run model,the steady state is characterized by:
Risk
The possibility of facing harm or loss, which can arise from a variety of sources, including financial uncertainty, strategic decisions, or external events.
Self-Interest
The focus on one's own advantage or well-being without necessarily considering that of others.
Acceptable
Considered suitable or satisfactory under the circumstances or by societal standards.
Optimal
Optimal describes the most desirable or advantageous condition or level of performance achievable under given circumstances.
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