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:

Verified
Correct Answer:
Verified
Q17: Modern economic growth refers to:<br>A)an increase in
Q18: Which would be considered an investment according
Q19: In reality, all the prices in the
Q20: During the Great Recession, Canada lost:<br>A)250,000 jobs.<br>B)300,000
Q21: Assume that the demand for goods and
Q23: Knowing that in the real world, the
Q24: One major difference between the short-run and
Q25: The decisions about savings and investments are
Q26: In economics, the term "investment" includes:<br>A)the purchase
Q27: Which of the following is not an