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    Exam 17: Output and the Exchange Rate in the Short Run
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    In the Short Run, We Assume That the Money Prices
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In the Short Run, We Assume That the Money Prices

Question 53

Question 53

Multiple Choice

In the short run, we assume that the money prices of goods and services are


A) temporarily fixed.
B) permanently fixed.
C) allowed to fluctuate.
D) equal to long-run prices.
E) fully employed.

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