In the Basic AD/AS Macro Model,permanent Increases in Real GDP

question 130

Multiple Choice

In the basic AD/AS macro model,permanent increases in real GDP are possible only if

• A)potential output is increasing.
• B)the correct fiscal policy is implemented.
• C)the economy's automatic stabilizers are allowed to operate.
• D)the aggregate supply curve is vertical.
• E)aggregate demand responds positively to demand shocks.

Discuss how companies can extend the product life cycle through new product features or applications.

Understand the concept of market development and its execution strategies.

Learn how firms can mitigate risks associated with growth strategies.

Analyze customer retention versus acquisition in the context of growth strategies.

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Definitions:

Functionalist

Adhering to the perspective in sociology that sees society as a complex system whose parts work together to maintain balance and social equilibrium.

Rape Culture

A set of beliefs, norms, and values that normalizes sexual violence against women.

Sexist Language

Language that discriminates against or stereotypes individuals based on their sex, often reinforcing gender biases.

Nonsexist Words

Language that avoids biases, stereotypes, or implications regarding gender, promoting equality and inclusivity.