The Table Above Gives the Aggregate Demand and Aggregate Supply

question 281

Multiple Choice

The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. Lotus Land is in short- run macroeconomic equilibrium. In the long run, if aggregate demand does not change then Lotus Land will return to full- employment as .

• A) businesses cut their imports
• B) the money wage rate falls
• C) the money wage rate rises
• D) the government cuts taxes

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The phenomenon where individuals are reluctant to share bad news or negative feedback to avoid uncomfortable situations or reactions.

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The absence of sound or the state of being quiet, often implying a lack of communication or the withholding of comment.

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A mode of communication that is both positive and helpful, aiming to improve or provide valuable feedback.

Organizational Practices

The routine behaviors and standard procedures that are carried out within an organization to operate effectively.