In the short run, ________ determines output, and in the long run ________ determines output.
A. total spending; potential output
B. potential output; total spending
C. total spending; prices
D. potential output; prices
Answer: A
Economics
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Indicate whether the statement is true or false
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A. Faster growth of wages to workers B. A growing number of uninsured workers C. Large numbers of personal bankruptcies D. Outsourcing and off-shoring of firms' operations
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