The focus of the short-run macro model is on the role of
A) spending in explaining economic fluctuations
B) labor in explaining economic fluctuations
C) financial markets in explaining economic fluctuations
D) output in explaining economic fluctuations
E) resources in explaining economic fluctuations.

Question

Quizplus · Accepted Answer

The short-run macro model primarily emphasizes the role of spending, particularly aggregate demand, in explaining economic fluctuations. Changes in spending can lead to variations in output and employment, which are central to understanding short-term economic dynamics.

The Focus of the Short-Run Macro Model Is on the Role