Output in the goods and services market will be sustained into the future
A) if aggregate demand and short-run aggregate supply are in balance.
B) only when the prior choices of decision makers were based on a correct anticipation of prices.
C) only when prices are rising.
D) only when wage rates are declining.

Question

Quizplus · Accepted Answer

Output in the goods and services market will be sustained into the future only when the prior choices of decision makers were based on a correct anticipation of prices, as this ensures that production and consumption decisions are aligned with actual market conditions.

Output in the Goods and Services Market Will Be Sustained