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When Referring to the Aggregate Supply Curve,what Is the Short

Question 65

Multiple Choice

When referring to the aggregate supply curve,what is the short run?


A) a time period in which output prices can change in response to supply and demand, but in which all input prices have not yet been able to completely adjust
B) a time period in which neither the prices of output nor the prices of inputs are able to change
C) any time period of less than a year
D) a time period in which the prices of output cannot change, but in which the prices of inputs have time to adjust

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