The short run is concerned with __________ while the long run is concerned with __________.
A)inflation;unemployment
B)causes of economic fluctuations;inflation
C)causes of economic fluctuations;determinants of economic growth
D)determinants of economic growth;causes of economic fluctuations
E)causes of economic fluctuations;the money supply

Question

Quizplus · Accepted Answer

The short run is characterized by economic fluctuations such as inflation and unemployment, while the long run is concerned with the determinants of economic growth such as technological progress, capital accumulation, and population growth. Choice C correctly identifies the short-run and long-run concerns.

The Short Run Is Concerned with __________ While the Long