Which of the Following Statements Is Correct for the Long

question 78

Multiple Choice

Which of the following statements is correct for the long run?

• A)Output is determined by the amount of capital,labor,and technology;the interest rate adjusts to balance the supply and demand for money;the price level adjusts to balance the supply and demand for loanable funds.
• B)Output is determined by the amount of capital,labor,and technology;the interest rate adjusts to balance the supply and demand for loanable funds;the price level adjusts to balance the supply and demand for money.
• C)Output is determined by the amount of capital,labor,and technology;the interest rate adjusts to balance the supply and demand for loanable funds;the price level is relatively slow to adjust.
• D)Output responds to the aggregate demand for goods and services;the interest rate adjusts to balance the supply and demand for loanable funds;the price level adjusts to balance the supply and demand for money.

---

Definitions:

Delivery

The process of transporting goods from one place to another or the act of giving birth in the context of pregnancy.

Neonates

Newborn infants, especially those within the first few weeks of life outside the mother's womb.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to Acquired Immunodeficiency Syndrome (AIDS) if not treated.

AIDS

Acquired Immunodeficiency Syndrome, a life-threatening condition caused by the human immunodeficiency virus (HIV), which severely damages the immune system.