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

Labor, human capital, and entrepreneurship are resources related to human beings. Distinguish among the three resources

What will be an ideal response?

If P denotes the price of goods and services measured in terms of money, then

a. 1/P represents the value of money measured in terms of goods and services. b. P can be regarded as the "overall price level.". c. an increase in the value of money is associated with a decrease in P. d. All of the above are correct.