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

Question

Quizplus · Accepted Answer

The short run focuses on understanding and explaining the causes of economic fluctuations such as recessions and booms. The long run, on the other hand, is concerned with analyzing and determining the factors that contribute to sustained economic growth over time. Therefore, the best choice is C, which highlights the differences between the short run (causes of economic fluctuations) and the long run (determinants of economic growth).

The Short Run Is Concerned with ________, While the Long