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Refer to the Above Graph

question 57

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  Refer to the above graph.Assume that the economy is at equilibrium at AD<sub>1</sub> and AS<sub>1</sub> and then is hit with both demand-pull and cost-push inflation.If this occurs, then, in the short run: A) AD<sub>1</sub> will shift to AD<sub>2</sub>, AS<sub>2</sub> will shift to AS<sub>3</sub>, the price level will be at P<sub>2</sub>, and output will be at Q<sub>2</sub>. B) AS<sub>1</sub> will shift to AS<sub>3</sub>, AD<sub>2</sub> will shift to AD<sub>1</sub>, the price level will be at P<sub>3</sub>, and output will be at Q<sub>3</sub>. C) AD<sub>1</sub> will shift to AD<sub>2</sub>, AS<sub>1</sub> will shift to AS<sub>2</sub>, the price level will be at P<sub>2</sub>, and output will be at Q<sub>2</sub>. D) AD<sub>1</sub> will shift to AD<sub>2</sub>, AS<sub>1</sub> will shift to AS<sub>2</sub>, the price level will be at P<sub>3</sub>, and output will be at Q<sub>1</sub>. Refer to the above graph.Assume that the economy is at equilibrium at AD1 and AS1 and then is hit with both demand-pull and cost-push inflation.If this occurs, then, in the short run:

Recognize the importance of environmental factors and community infrastructure in disease prevention.
Understand the historical development of public health initiatives and their impact on community health.
Analyze the role of government and non-governmental organizations in the advancement of public health.
Identify key figures and their contributions to public health and nursing.

Definitions:

Social Regulations

Rules imposed by government to regulate the impact of business activities on public health, safety, the environment, and social welfare.

Rational Basis Review

A legal standard used by courts to evaluate the constitutionality of a statute or ordinance, where the government only needs to show that the law is rationally related to a legitimate government interest.

Equal Protection

The constitutional guarantee that no person or group will be denied the same protection of the laws that is enjoyed by other similarly situated individuals.

Taxing Power

The legal authority granted to governmental entities to impose taxes on individuals and organizations to raise revenue for public purposes.

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