What Is Most Likely to Happen in the Short Run

question 19

Multiple Choice

What is most likely to happen in the short run?

• A) The price level alone adjusts to balance the supply and demand for money.
• B) Output responds to changes in the aggregate demand for goods and services.
• C) Changes in the money supply cause a proportional change in the price level.
• D) Changes in available production technology for turning capital and labour into output.

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