The Main Source of Increases in Material Living Standards Over

question 46

Multiple Choice

The main source of increases in material living standards over the long term is the

• A)continual increase in potential national income.
• B)continuous outward shift of aggregate demand.
• C)positive slope of the aggregate supply curve.
• D)maintenance of a continuous inflationary gap.
• E)continual avoidance of recessionary gaps.

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Definitions:

Hallucinogens

Drugs that powerfully change perception and can trigger sensory experiences in the absence of any inputs.

Stimulants

Substances that increase physiological or nervous activity in the body, often used to enhance alertness, attention, and energy.

Depressants

Drugs that diminish activity levels in the nervous system.

Nose Drops

A liquid medication intended for administration in the nose to alleviate symptoms such as nasal congestion.