1. Consider the forces that led to the Great Depression. In the very short run, the effect of these forces would be _________ in the price level and _________ in real output.
A - decrease, no change
B - none of the listed options
C - decrease, decrease
D -no change, decrease
E - increase, decrease
2. Consider again the Great Depression. The long run effect of the forces cited above would be _________ in the price level and _________ in real output.
A - no change, decrease
B - none of the listed options
C - increase, decrease
D- decrease, decrease
E - decrease, no change