Multiple Choice
In the short run,equilibrium output in the goods and services market may be either above or below the full-employment level,but in the long run,it
A) must be less than full-employment output.
B) must be greater than full-employment output.
C) will move to full-employment output.
D) depends on aggregate demand,not just long-run aggregate supply.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: With regard to the business cycle, most
Q57: Use the figure below to answer the
Q103: If the general level of prices is
Q133: Which of the following will most likely
Q134: If an economy is growing,but experiences no
Q137: Figure 10-18<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3951/.jpg" alt="Figure 10-18
Q138: Which of the following factors contributed to
Q140: Use the figure below to answer the
Q175: Since the end of World War II,
Q185: If there is an unanticipated increase in