The Aggregate Supply Curve Tends to Be Relatively Steep When

question 116

Multiple Choice

The aggregate supply curve tends to be relatively steep when GDP is above potential output because firms are operating above ________,and ________ are rising rapidly.

• A)equilibrium output; unit costs
• B)profit-maximizing output; total costs
• C)capacity; unit costs
• D)equilibrium output; total costs
• E)equilibrium output; average costs

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Definitions:

Anorexia Nervosa

A life-threatening eating disorder characterized by dramatic weight loss and a distorted body image.

Female Athlete Triad

A problem affecting female athletes, especially in college, involving (1) low energy, (2) menstrual problems, and (3) loss of bone density.

Acquired Drives

Motivational drives that are learned or developed through experiences, such as a drive for achievement or affiliation, rather than those innate or biological in nature.

Anorexia Nervosa

A psychological and potentially life-threatening eating disorder characterized by an extremely low body weight, a devastating fear of weight gain, and a distorted perception of body weight and shape.