Re:It's not a labor shortage – it's a wage and workers right...
by pram on Monday September 06, 2021 @05:31AM
(#28431946)
I’m not clear on your interpretation. Aggregate demand/supply and such models you find in Econ 101 are all about demonstrating the effect of things changing, as you just described. In a supply shock for example, convergence to equilibrium is the change.
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