Which of the following statements makes a correct distinction between the short run and the long run? Choose 1 answer: Choose 1 answer: (Choice A) Short run: wages are fixed; long run: wages are fully flexible A Short run: wages are fixed; long run: wages are fully flexible (Choice B) Short run: wages are fully flexible; long run: wages are fixed B Short run: wages are fully flexible; long run: wages are fixed (Choice C) Short run: less than six months has passed; long run: more than six months has passed C Short run: less than six months has passed; long run: more than six months has passed (Choice D) Short run: unemployment will increase in response to inflation; long run: unemployment is not affected by inflation D Short run: unemployment will increase in response to inflation; long run: unemployment is not affected by inflation (Choice E) Short run: aggregate supply slopes downwards; long run: aggregate supply slopes upwards E Short run: aggregate supply slopes downwards; long run: aggregate supply slopes upwards