Which of the Following Statements Is Correct for the Short

question 151

Multiple Choice

Which of the following statements is correct for the short run?

• A)Output is determined by the amount of capital,labor,and technology;the interest rate adjusts to balance the supply and demand for money;the price level adjusts to balance the supply and demand for loanable funds.
• B)Output is determined by the amount of capital,labor,and technology;the interest rate adjusts to balance the supply and demand for loanable funds;the price level adjusts to balance the supply and demand for money.
• C)Output responds to the aggregate demand for goods and services;the interest rate adjusts to balance the supply and demand for money;the price level is relatively slow to adjust.
• D)Output responds to the aggregate demand for goods and services;the interest rate adjusts to balance the supply and demand for loanable funds;the price level adjusts to balance the supply and demand for money.

---

Definitions:

Identity Certainty

The level of confidence and clarity an individual has about their own sense of self and identity.

Big Five Model

A personality psychology theory identifying five main traits that describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Openness To Experience

A personality trait that involves a willingness to consider new ideas, experiences, and various forms of intellectual and cultural exploration.

Middle Age

The period of adulthood roughly between the ages of 40 and 65, often associated with adjustments to aging and potential midlife crisis.