The Long-Run Model Determines ________ and ________, While the Short-Run

question 51

Multiple Choice

The long-run model determines ________ and ________, while the short-run model determines ________ and ________.

• A) potential output; long-run inflation; current output; current inflation
• B) potential output; unemployment; current output; long-run inflation
• C) current output; long-run inflation; unemployment; current inflation
• D) potential output; unemployment; unemployment; current inflation
• E) current output; unemployment; potential output; current inflation