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In the Economic Fluctuations Model, the So-Called Short Run Normally

Question 118

Multiple Choice

In the economic fluctuations model, the so-called short run normally refers to


A) the first couple of days after a shock to aggregate demand.
B) the first month after a shock to aggregate demand.
C) the initial departure of real GDP from potential GDP after a shock to aggregate demand.
D) the time it takes for a full recovery to take place after a shock to aggregate demand.
E) None of these

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