Solved

Which of the Following Characteristics Define the Short Run in Macroeconomics

Question 64

Multiple Choice

Which of the following characteristics define the short run in macroeconomics?


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

Correct Answer:

verifed

Verified

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

Related Questions