When Prices in the Economy Have Not Fully Adjusted,we Say

question 41

Multiple Choice

When prices in the economy have not fully adjusted,we say that

• A) we are in the short run.
• B) we are in the long run.
• C) it is a period of time less than one year.
• D) it is a period of time less than five years.
• E) the market is not in equilibrium.

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