At Short-Run Equilibrium,inflation ___________ and Actual Output Is Equal to __________

Multiple Choice

At short-run equilibrium,inflation ___________ and actual output is equal to __________.

A) equals the value determined by past expectations and pricing decisions;potential output
B) equals the value determined by past expectations and pricing decisions;the level of output consistent with that inflation rate
C) equals the value consistent with potential output;the level of output consistent with zero inflation
D) is stable;potential output
E) is stable;the level of output consistent with zero inflation