When the general price level rises and firms decide not to
When the general price level rises and firms decide not to change their prices in the short run, this can be attributed to:
a. inflexible input prices.
b. a decline in revenues.
c. money illusion.
d. menu costs.
e. legally binding contracts
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when the general price level rises and firms decide not to change their prices in the short run this can be attributed
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