Solved

In the Short Run,equilibrium Output in the Goods and Services

Question 135

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:

verifed

Verified

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

Related Questions