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| long-run features in the economy (Furthermore, COVID-19 illustrates the vital necessity of getting right the long-run features of the economy. Just as innovation in World War II built on the stock of basic research before the war, such as radar, COVID-19 vaccines are based on past discoveries, such as Katalin Kariko’s research into synthetic messenger RNA. A.Rezvov) | |||
| rigidities of an economy | |||