In the Short Run, Nominal Wages and Other Input Prices

Multiple Choice

In the short run, nominal wages and other input prices are assumed to be

A) unresponsive to product price-level changes, but in the long run they are assumed to be responsive.
B) unresponsive to product price-level changes, and in the long run they are assumed to be unresponsive also.
C) responsive to product price-level changes, but in the long run they are assumed to be unresponsive.
D) responsive to product price-level changes, and in the long run they are assumed to be responsive also.