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    Exam 1: The Science of Macroeconomics
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    The Assumption of Flexible Prices Is a More Plausible Assumption
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The Assumption of Flexible Prices Is a More Plausible Assumption

Question 58

Question 58

Multiple Choice

The assumption of flexible prices is a more plausible assumption when applied to price changes that occur:


A) from minute to minute.
B) from year to year.
C) in the long run.
D) in the short run.

Correct Answer:

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