The Reason Why the AS/AD Model Does Not Depend Upon

question 100

Multiple Choice

The reason why the AS/AD model does not depend upon the concepts of substitution and opportunity cost is that:

• A)in groups, people do not make the same choices as when they are alone.
• B)the AS/AD model considers total output. There are no goods to substitute.
• C)the AS/AD model considers the effects of other countries' decisions.
• D)other things remain constant in the AS/AD model.

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Definitions:

Termination

In genetics, termination refers to the end of the process of transcription or translation, finishing the synthesis of the RNA or protein molecule.

Translation

The process by which the sequence of bases in mRNA is converted into an amino acid sequence in proteins.

Initiation

The first phase in various biological processes, such as DNA replication, transcription, and translation, where the necessary components are assembled to begin the process.

Elongation

The process of lengthening or stretching something.