Refer to the Figure Given Below

question 54

Multiple Choice

Refer to the figure given below. In the above figure, AD₁ and AS₁ represent the original aggregate demand and aggregate supply curves, respectively.AD₂ and AS₂ show the new aggregate demand and aggregate supply curves.At the original equilibrium price and quantity, this economy is experiencing:

• A)inflation.
• B)economic growth.
• C)full employment.
• D)less than full-capacity output.

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Definitions:

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, contributing to its ability to adapt and evolve.

Mutations

Changes in the DNA sequence of an organism's genome that can result in variations in physical appearance, function, or behavior.

Serotonin

A neurotransmitter involved in many functions, including mood regulation, digestion, and sleep.

Deoxyribonucleic Acid

A molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms.