Which One of the Following Statements Is TRUE

question 7

Multiple Choice

Which one of the following statements is TRUE?

• A)Keynes treated short-run macroeconomics as a minor issue.
• B)Keynes emphasized the short-run effects of shifts in aggregate demand on aggregate output, employment, and prices, whereas the classical economists focused on the long-run determination of the aggregate price level.
• C)The classical economists believed that the short-run aggregate supply curve was upward sloping.
• D)The classical economists emphasized the short-run effects of shifts in aggregate demand on aggregate output, whereas Keynes focused on the long-run determination of the aggregate price level.

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Definitions:

Tissue

A group of cells that have similar structure and function together as a unit in an organism.

Epigastric Region

The upper central region of the abdomen located above the belly button and between the ribcages.

Thoracic Cavity

The body cavity located in the chest, bounded by the ribs, vertebral column, and diaphragm, containing organs such as the heart and lungs.

Abdominopelvic Region

The body region that includes both the abdominal and pelvic cavities, housing major organs of digestion, reproduction, and excretion.