menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 48
  4. Exam
    Exam 12: Aggregate Demand and Aggregate Supply
  5. Question
    In the Long Run, Wages and Prices Are Considered to Be
Solved

In the Long Run, Wages and Prices Are Considered to Be

Question 264

Question 264

Multiple Choice

In the long run, wages and prices are considered to be:


A) sticky.
B) constant.
C) flexible.
D) irrelevant.

Correct Answer:

verifed

Verified

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

Related Questions

Q259: Which factor is one of the reasons

Q260: Use the following to answer questions:<br>Figure: An

Q261: Use the following to answer questions:<br>Figure: An

Q262: Aggregate demand will increase if:<br>A) the public

Q263: Graphically, a recessionary gap is measured as

Q265: The aggregate supply curve shows the relationship

Q266: Use the following to answer questions:<br>Figure: Policy

Q267: If the price level falls by 10%,

Q268: The short-run aggregate supply curve may shift

Q269: Using monetary policy to address a recessionary

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