Solved

Which of the Following Is a FALSE Statement

Question 3

Multiple Choice

Which of the following is a FALSE statement?


A) the very long run focuses on the growth of productive capacity
B) in the very long run, the productive capacity is assumed to be given
C) in the very short run, shifts in aggregate demand determine how much output is produced
D) fluctuations in the rates of inflation and unemployment are important long-run issues
E) at the full-employment level of output, capital is not used 100 percent

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents