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Keith_Richards [23]
3 years ago
6

The following information are available about the economy, where all figures are in million dollars: Full employment = $2,000, C

onsumption $1,200, Investment = $400, Government spending = $500 and, Net exports =$200.
Because short-run output is........... full employment output, in the long run, we would expect the price level to..........

Select one:
a. Greater than; fall
b. Less than; fall
c. Greater than; rise
d. Less than; rise

= Greater than; rise​
Business
1 answer:
Softa [21]3 years ago
4 0

Answer:

C.

Explanation:

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