Solved

When the Prices of Final Goods and Services Increase More

Question 91

Multiple Choice

When the prices of final goods and services increase more quickly than the prices of inputs, we say that:


A) the prices of some inputs are sticky.
B) the prices of some final goods are sticky.
C) the economy must be in the long run.
D) the economy is inefficient.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions