In the Short Run,what Is the Result of an Increase

question 146

Multiple Choice

In the short run,what is the result of an increase in the price level?

• A)Output prices will not change relative to input prices.
• B)Output prices will rise relative to input prices.
• C)Output prices could either rise or fall relative to input prices.
• D)Output prices will fall relative to input prices.

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Definitions:

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