What is the correct definition of the short run?

The potential output of an economy is the level of output produced when the _____

A decrease in the price level in an economy will _____

If the economy is experiencing a sustained decrease in the price level, it is called _____

Selling a commodity abroad for less than is charged in the home market or less than the cost of production is known as _____

Inflation is _____

Which type of unemployment is likely to decrease the most during an economy’s boom?

Which approach adds up earnings during the year by those who produce all that output?

If real gross domestic product (GDP) in a particular year is $5,000 trillion and nominal gross domestic product (GDP) in that same year is $4,000 trillion, then the:

The inflation experienced in the United States during the 1970s as a result of OPEC oil price increases is an example of _____