What is short and long term

What is short and long term

In macroeconomics, the short run is generally defined as the time horizon over which the wages and prices of other inputs to production are sticky, or inflexible, and the long run is defined as the period of time over which these input prices have time to adjust.Memory is the component in a computer that stores data and information.A short term goal is a goal you can achieve in 12 months or less.Another difference between short and long term memory is duration.The reasoning is that output prices (i.e.The primary difference between these two types of disability insurance is the length of time the insurer will pay benefits.

They are not something you can do this week or even this year.

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