In Macroeconomics, the Long Run Is

Multiple Choice

In macroeconomics, the long run is

A) a period long enough that participants in the economy will have enough time to gain all relevant information but not enough time to act correctly on that information.
B) the same period accountants use to measure long-term assets and liabilities.
C) a period long enough that participants in the economy will have enough time to gain all relevant information and enough time to act correctly on that information.
D) a period long enough that participants in the economy will have enough time to act correctly on all relevant information but not enough time to collect all of it.