-The Data in the Above Table Show That When the |

question 59

Multiple Choice

$$\begin{array} { | l | l | l | l | } \hline \begin{array} { l } \text { Price } \\\text { level }\end{array} & \begin{array} { l } \text { A ggregate } \\\text { demand } \\\text { (trillions of } \\\text { 2005 dollars) }\end{array} & \begin{array} { l } \text { Short-run } \\\text { aggregate } \\\text { supply } \\\text { (trillions of } \\\text { 2005 dollars) }\end{array} & \begin{array} { l } \text { Long-run } \\\text { aggregate } \\\text { supply } \\\text { (trillions of } \\\text { 2005 dollars) }\end{array} \\\hline 140 & 4 & 8 & 7 \\\hline 130 & 5 & 7 & 7 \\\hline 120 & 6 & 6 & 7 \\\hline 110 & 7 & 5 & 7 \\\hline 100 & 8 & 4 & 7 \\\hline\end{array}$$
-The data in the above table show that when the price level is 120,

• A) the long-run aggregate supply curve will shift leftward in the future.
• B) the unemployment rate is below its natural rate.
• C) the unemployment rate is above its natural rate.
• D) money wages rates will rise in the future.

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Definitions:

End-goals

Objectives or outcomes that are the ultimate targets of a process, plan, or project, serving as the final point towards which efforts are directed.

Maya

In the context of history and anthropology, it refers to an ancient Mesoamerican civilization known for its advanced writing, architecture, and mathematical and astronomical systems.

Social Roles

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