In the Long Run, If the Price Level Decreases, Then

question 229

Multiple Choice

In the long run, if the price level decreases, then the economy's output level will

• A) increase initially, but then fall back again.
• B) increase.
• C) decrease.
• D) stay the same.

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Definitions:

JTextFields

A Java Swing component that allows for the editing of a single line of text; part of the Java Foundation Classes (JFC).

Input

Data or information that is provided to a program so it can process it and produce output.

Show Output

Refers to the process or method in programming where the results of a computation or operation are displayed to the user.

Interface

A programming structure that allows the computer to enforce certain properties on an object (in Java, C#, etc.), or a medium through which user interacts with the machine.