The short-run macro model is used most often to determine changes in
A) nominal output
B) net output
C) gross output
D) financial output
E) real output.

Question

Quizplus · Accepted Answer

The main focus of the short-run macro model is on real output, also known as real GDP. Nominal output (A), gross output (C), and financial output (D) may also be discussed, but they are not the primary concern in this model. Net output (B) is not a commonly used term and may refer to different concepts depending on the context, so it is not a suitable answer here.

The Short-Run Macro Model Is Used Most Often to Determine