If Firms Maintain Preset Prices in the Short Run, Then

question 30

Multiple Choice

If firms maintain preset prices in the short run, then the primary cause of output gaps is changes in:

• A)potential output.
• B)prices.
• C)capital and technology.
• D)economy-wide spending.

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The movement of people from Mexico to other countries, particularly the United States, for various reasons including work and family reunification.

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1930s

A decade marked by the global economic downturn known as the Great Depression, significant political changes, and the lead up to World War II.