More Than Any Other Single News Source, Americans Get Their

question 25

Multiple Choice

More than any other single news source, Americans get their news from

• A)radio.
• B)television.
• C)newspapers.
• D)magazines.

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Definitions:

Short Run

A period of time in which at least one input, typically capital, is fixed, and producers can only adjust the variable inputs like labor.

Long Run

A period in economics during which all inputs and operations can be varied, allowing for the adjustment to changes in market conditions or demand.

Very Long Run

In microeconomics, a period of time long enough that technology can change and firms can introduce new products.