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Which of the Following Are the Defining Assumptions of the Short

Question 3

Multiple Choice

Which of the following are the defining assumptions of the short run in macroeconomics?


A) Factor prices are exogenous,and technology and factor supplies are changing.
B) Factor prices adjust to output gaps,and technology and factor supplies are constant.
C) Factor prices are exogenous,and technology and factor supplies are constant.
D) Factor prices adjust to output gaps,and technology and factor prices are changing.
E) Factor prices are exogenous,technology and factor prices are endogenous.

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