Use the following graph to answer the following questions.The graph depicts an economy where aggregate demand and long-run aggregate supply (LRAS) have decreased,with no change in short-run aggregate supply (SRAS) .
-As a result of aggregate demand and long-run aggregate supply decreasing,we can see that the price level ________ and real gross domestic product (GDP) ________.
Definitions:
Genetic Materials
Molecules responsible for heredity and variation of organisms, including DNA and RNA.
Epigenetic Marks
Chemical modifications to DNA and histone proteins that affect gene expression without altering the underlying DNA sequence. These can be influenced by environmental factors and may be reversible.
Serotonin Molecules
Chemical compounds in the brain functioning as neurotransmitters, playing key roles in mood regulation, digestion, and sleep.
Reactive Temperament
A tendency to respond to the environment with heightened emotions and easily triggered reactions.
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