In the Short Run, Total Spending Affects ________, and in the Long

question 105

Multiple Choice

In the short run, total spending affects ________, and in the long run total spending affects ________.

• A)prices; output
• B)prices; unemployment
• C)output; prices
• D)output; unemployment

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Definitions:

Self-Respect

A positive valuation of oneself, characterized by feelings of worth and dignity.

Self-Sufficiency

The ability to fulfill all of one's needs independently, without reliance on external resources.

Job Descriptive Index

A standardized survey instrument that measures an employee's job satisfaction across five dimensions.

Tough-Mindedness

A psychological trait characterized by critical and rigorous evaluation of facts before making decisions.