Multiple Choice
Most economists believe that prices are:
A) flexible in the short run but many are sticky in the long run.
B) flexible in the long run but many are sticky in the short run.
C) sticky in both the short and long runs.
D) flexible in both the short and long runs.
Correct Answer:

Verified
Correct Answer:
Verified
Q106: Leading economic indicators are:<br>A) the most popular
Q107: In the aggregate demand-aggregate supply model, long-run
Q108: When GDP growth declines, investment spending typically
Q109: If the long-run aggregate supply curve is
Q110: If the short-run aggregate supply curve is
Q112: The aggregate demand curve is the _
Q113: Use the following to answer questions :<br>Exhibit:
Q114: Explain the meaning of monetary neutrality and
Q115: If the Fed reduces the money supply
Q116: A difference between the economic long run