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I suppose if the the additional demand instantly translates to near immediate provision of supply? Most manufactured goods would fit in that category nowadays?

Only things like housing do not as they can't be easily provisioned to meet demand as quickly.

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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.

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