Multiple Choice
A short-run decrease in real GDP will
A) increase the price of non-labor inputs,increase input requirements per unit of output,and increase the price level
B) increase the price of non-labor inputs,decrease input requirements per unit of output,and decrease the price level
C) decrease the price of non-labor inputs,decrease input requirements per unit of output,and decrease the price level
D) increase the price of non-labor inputs,decrease input requirements per unit of output,and increase the price level
E) decrease the price of non-labor inputs,increase input requirements per unit of output,and increase the price level
Correct Answer:
Verified
Correct Answer:
Verified
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