In the Short Run, the Price Level Is Assumed to Be

question 98

Multiple Choice

In the short run, the price level is assumed to be

• A)fixed, along with input prices.
• B)flexible, but input prices are not.
• C)flexible, along with input prices.
• D)fixed, but input prices are flexible.

---

Definitions:

Hypodermis

Loose areolar connective tissue found deep to the dermis that connects the skin to muscle or bone.

Dense Connective Tissue

A type of connective tissue with closely packed collagen fibers, giving it strength and durability, often found in tendons and ligaments.

Fibroblasts

Cells found in connective tissue, responsible for producing collagen and other fibers.

Adipocytes

Cells specialized in storing energy as fat, found mainly in adipose tissue.