Which of the Following Statements Is Correct for the Short

question 151

Multiple Choice

Which of the following statements is correct for the short 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 responds to the aggregate demand for goods and services;the interest rate adjusts to balance the supply and demand for money;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.

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Definitions:

Fine Motor Control

Refers to the coordination of small muscles, such as those in the hands and fingers, allowing for precise movements like writing or buttoning a shirt.

Fine Touch

The sensory perception that allows for the discrimination of detailed touch or texture.

Extrapyramidal System

A neural network within the brain that is involved in the coordination and regulation of posture and muscle tone, independent of voluntary motor movements.

Rubrospinal

Referring to the rubrospinal tract, which is a pathway in the central nervous system that helps mediate voluntary motor control.