Refer to the Graph Shown

question 11

Multiple Choice

Refer to the graph shown. According to the globalized AS/AD model, which world aggregate supply curve best represents the 2000s?

• A)WAS₀, and the United States had a large trade surplus.
• B)WAS_1, and the United States had a small trade deficit.
• C)WAS_2, and the United States had a small trade surplus.
• D)WAS_3, and the United States had a large trade deficit.

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Definitions:

Delphi Group Input

A technique that gathers and synthesizes expert opinions through iterative rounds of questionnaires to achieve a consensus on a specific subject.

Scenario Planning Group Input

Contributions or insights provided by a team engaged in scenario planning, a strategic planning method that uses speculative scenarios to forecast future events.

Human Resource Estimating Techniques

Methods used to calculate the number and type of employees an organization will need to meet its objectives.

Strategic Human Resource Management

The proactive management of human resources aligned with the strategic goals of an organization to improve performance.