The IA Line Does Not Shift in the Short Run

question 68

Multiple Choice

The IA line does not shift in the short run because

• A)real and potential GDP are not equal.
• B)potential GDP does not change.
• C)of expectations and staggered wage and price adjustment.
• D)real GDP does not change.
• E)there is no spending balance.

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Definitions:

Varied

Marked by diversity or difference; not uniform or identical.

Real Estate Partnership

A type of business arrangement in which partners join together to buy, sell, manage, or invest in real estate properties.

RUPA

The Revised Uniform Partnership Act, which governs the operation of partnerships in the jurisdictions that have adopted it.

Disproportionate

Lacking symmetry, balance, or proportion; notably unequal or uneven in distribution or adjustment.