試題詳解

12 Which of the following statements about the formation of the J-curve is correct?
(A) In the short run, supply will exceed demand； however, in the long run, they will be equal.
(B) An overshooting effect occurs as people adjust to the new information.
(C) Investors tend to be overly cautious in currency instruments.
(D) Supply and demand for goods are less elastic in the short run than in the long run.