Multiple Choice
In the short run, the level of real GDP changes with changes in the
A) amount of capital used because the labor force is fixed.
B) level of technology because the labor force and capital are fixed.
C) money wage rate because it is assumed to be fully flexible.
D) quantity of labor because capital and technology are fixed.
E) amount of employment and amount of capital because technology is fixed.
Correct Answer:

Verified
Correct Answer:
Verified
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