The ﬁgure depicts a situation where
A) prices are sticky, but output is ﬂexible.
B) prices are ﬂexible, but output is constant.
C) prices and output are both ﬂexible.
D) prices are sticky and output is constant.

Question

The ﬁgure depicts a situation where
A) prices are sticky, but output is ﬂexible. 
B) prices are ﬂexible, but output is constant. 
C) prices and output are both ﬂexible. 
D) prices are sticky and output is constant.

Quizplus · Accepted Answer

The Answer of  The ﬁgure depicts a situation where
A) prices are sticky, but output is ﬂexible. 
B) prices are ﬂexible, but output is constant. 
C) prices and output are both ﬂexible. 
D) prices are sticky and output is constant.

The ﬁGure Depicts a Situation Where