A short-run open-economy model with demand shocks can analyze the effect on _____ if output prices and factor prices are sticky.
A) inflation
B) real economic activity (real GDP and unemployment)
C) long-run variables
D) expectations

Name: A short-run open-economy model with demand shocks can analyze the effect on _____ if output prices and factor prices are sticky. A) inflation B) real economic activity (real GDP and unemployment) C) long-run variables D) expectations
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Question

Quizplus · Accepted Answer

The Answer is B

A Short-Run Open-Economy Model with Demand Shocks Can Analyze the Effect