When the Price Level Rises,what Happens to Real Output in the Short

question 50

Multiple Choice

When the price level rises,what happens to real output in the short run and long run as a result?

• A)Real output tends to increase in the short run but not in the long run.
• B)Real output tends to increase in the long run but not in the short run.
• C)Real output tends to decrease in the short run but not in the long run.
• D)Real output tends to increase in both the short run and the long run.

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Definitions:

Neur/o

A prefix related to nerves or the nervous system.

Phalang/o

A combining form used in medical terminology to refer to the phalanges, which are the bones in the fingers and toes.

Reproductive System

The system of organs and structures in the body involved in producing offspring, including the gonads, related glands, and the structures for fertilization and gestation.

Vas Deferens

The duct that conveys sperm from the testicle to the urethra, playing a crucial role in male reproductive system.