縮小 しゅくしょう均衡 きんこうではありませんでした
shukushōkinkōdewa arimasendeshita

Noun
Desu Copula

The polite, past negative form of 縮小均衡

1. Was not a small equilibrium.; Was not a minor balance.

Past/Perfective
Negative
Polite
Formal Register
Economics