If the Short-Run Aggregate Supply Curve Is Horizontal,then a Change

question 81

Multiple Choice

If the short-run aggregate supply curve is horizontal,then a change in the money supply will change ______ in the short run and change ______ in the long run.

• A) only prices; only output
• B) only output; only prices
• C) both prices and output; only prices
• D) both prices and output; both prices and output

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Definitions:

Role-playing

A teaching or therapeutic technique that involves acting out roles, situations, or interactions to practice behaviors, solve problems, or analyze situations.

Reinforcement

In psychology, a process by which a behavior is strengthened or increased in frequency by a consequence that follows it.

Flooding

A psychological treatment method where patients are exposed to their phobias at full intensity to help overcome the fear response.

Obsessive-Compulsive Disorder

A mental disorder where people feel the need to check things repeatedly, perform certain routines repeatedly, or have certain thoughts repeatedly.