[Solved] An Assumption Central to the Short Run Analysis of the Goods

Question 9
Multiple Choice

An assumption central to the short run analysis of the goods and services produced by an economy is that

A) a firm's operating objective is to maximize profits.
B) consumers operate according to the principle of self-interest.
C) aggregate demand determines the amount of good produced.
D) governments fulfill their role of guaranteeing property rights.
E) monetary policy assures an environment of stable prices.

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