When Output Exceeds the Full Employment Level of Output, We

question 25

Multiple Choice

When output exceeds the full employment level of output, we expect that the

• A) wages and prices increase as the long- run aggregate supply curve shifts upward over time.
• B) wages and prices increase as the short- run aggregate supply curve shifts upward over time.
• C) wages and prices decrease as the short- run aggregate supply curve shifts downward over time.
• D) wages and prices increase as the long- run aggregate supply curve shifts downward over time.

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Definitions:

Rough Projection

Refers to a bony projection with a rough surface, often serving as a site for muscle attachment.

Trochanter

A bony prominence on the femur near its joint with the hip bone, serving as an attachment for muscles or ligaments.

Bone Marking

Features on the surface of bones, such as ridges and bumps, which serve as attachments for muscles and ligaments.

Pointed Process

Refers to a sharp, protruding part of a bone, often serving as an attachment point for muscles or ligaments.