8 ms·
Correct, in that if supply increases you've either increased productivity, or the workforce. It cannot come on line otherwise. I think it generally lags, and
by rmrm 8y ago
Correct, in that if supply increases you've either increased productivity, or the workforce. It cannot come on line otherwise.
I think it generally lags, and does not quite close the gap, outside of other deflationary pressures being present.