If the Economy Is Initially in Long-Run Equilibrium, Which Statement

question 122

Multiple Choice

If the economy is initially in long-run equilibrium, which statement best describes the effects of a shift in aggregate demand?

• A) Prices and output are affected in both the short and long run.
• B) Prices and output are affected only in the short run.
• C) Prices are affected in the long and short run, but output only in the short run.
• D) Prices are affected in the long and short run, but output only in the long run.

Identify and explain phenomena related to memory retrieval, such as the tip-of-the-tongue state and eidetic imagery.

Analyze the biological bases of memory, including memory formation, types of amnesia, and diseases affecting memory.

Understand the components and purposes of a mental status exam.

Recognize various psychological assessment tools and their functions.