Which of the Following Is True in the Short Run

question 138

Multiple Choice

Which of the following is true in the short run but not in the long run?

• A)Actual output is equal to potential output.
• B)Actual output can exceed potential output.
• C)Structural unemployment can exist.
• D)Frictional unemployment can exist.
• E)Real and nominal GDP can differ.

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Definitions:

XYY Chromosomal

A genetic condition in which a male has an extra Y chromosome, leading to a 47,XYY karyotype.

Klinefelter Syndrome

Klinefelter Syndrome is a genetic condition affecting males, characterized by an extra X chromosome, which can lead to physical, developmental, and reproductive challenges.

Estrogen

A group of hormones that play an essential role in the development and regulation of the female reproductive system and secondary sexual characteristics.

Testosterone

A primary male sex hormone responsible for the development of male physical characteristics and plays a role in fertility.