Which of the Following Occurs as Macroeconomic Output Expands in the Short

question 68

Multiple Choice

Which of the following occurs as macroeconomic output expands in the short run?

• A)the nominal cost of labor increases
• B)the demand for nonlabor resources increases
• C)equipment wears out faster
• D)the nominal cost per unit of output rises
• E)All of the answers are correct

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Definitions:

Object Class

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Ancestor Class

A class from which another class inherits, directly or indirectly. It's a part of the hierarchical inheritance in object-oriented programming.

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