menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 7: Aggregate Demand and Aggregate Supply
  5. Question
    The Long Run in Macroeconomics Is a Period in Which
Solved

The Long Run in Macroeconomics Is a Period in Which

Question 148

Question 148

True/False

The long run in macroeconomics is a period in which wages and prices are flexible and there is full market adjustment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q143: Changes in aggregate demand can be caused

Q144: All of the following contributed to the

Q145: In the long run, real output can

Q146: Which of the following statements is true

Q147: Suppose the economy is initially in long-run

Q149: To eliminate an inflationary gap, policy-makers may

Q150: Suppose the U.S. government decides to increase

Q151: Use the following to answer questions .<br>Exhibit:

Q152: Which of the following will decrease the

Q153: The short run in macroeconomic analysis is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines