Which of the Following Is a Long-Run Adjustment

question 165

Multiple Choice

Which of the following is a long-run adjustment?

• A)A new economics professor is hired on campus.
• B)General Motors increases its orders for steel.
• C)Microsoft cuts back its hiring of new graduates.
• D)Glow Electric disassembles one of its nuclear power plants.
• E)Texaco buys more crude oil to refine into gasoline.

---

Definitions:

Office Building

A structure designed primarily for occupancy by one or more organizations for the purpose of conducting business or administrative services.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation.

Explanation

A declaration or narration that elucidates by giving additional details or exposing relevant facts or insights.

Pearl Jam

An American rock band formed in 1990 in Seattle, Washington, known for its contributions to the grunge movement.