Multiple Choice
The short run in macroeconomics is a period in which nominal wages:
A) remain fixed as the price level stays constant.
B) change as the price level stays constant.
C) remain fixed as the price level changes.
D) change as the price level changes.
Correct Answer:
Verified
Related Questions
Q29: The long-run aggregate supply curve:
A)is downward sloping.
B)is
Q30: The short-run aggregate supply curve is upward-sloping
Q31: In the long-run aggregate demand-aggregate supply model:
A)long-run
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