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When We Say "Prices of Many Goods and Services Are

Question 22

Multiple Choice

When we say "Prices of many goods and services are inflexible in the short-run" it means:


A) prices change too quickly in the short-run.
B) prices do not change in the long-run.
C) prices change too slowly in the short- run.
D) prices are not sticky in the short-run.

Correct Answer:

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