Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.

A. lower; potential
B. higher; higher
C. lower; higher
D. higher; potential

Answer: D

Economics

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Which of the following would an economist classify as capital?

a. 100 shares of Microsoft stock. b. $50 bill. c. credit card. d. lawyer's personal computer.

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