The Short-Run Fluctuations in Output and Unemployment That We See

question 3

Multiple Choice

The short-run fluctuations in output and unemployment that we see in the real world are the result of:

• A)shocks and events that are going according to the plans.
• B)shocks and events that are not going according to the plans.
• C)the actual demand to be exactly what the firms were expecting.
• D)the actual supply to be exactly what the firms were planning.