Which of the Following Is Held Constant in the Short-Run

question 75

Multiple Choice

Which of the following is held constant in the short-run macro model?

• A) GDP
• B) Prices
• C) Investment spending
• D) Consumption
• E) The money supply

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Definitions:

Canada Post

The primary postal operator in Canada, responsible for the collection, sorting, transportation, and delivery of mail and packages across the country and internationally.

Disbursement Float

The time lag between when a payment is issued by a company and when the funds are actually removed from the company’s account.

Chequing Account

A bank account that allows the holder to make deposits, withdrawals, and payments via cheques and is typically used for everyday transactions.

Paycheque

A check issued to an employee for earned wages, representing the net amount after deductions such as taxes and social security contributions.