Use the Figure Below to Answer the Following Questions

question 22

Multiple Choice

Use the figure below to answer the following questions.

Figure 26.3.2
-Refer to Figure 26.3.2. Consider statements (1) and (2) and select the correct answer. (1) The actual unemployment rate exceeds the natural unemployment rate in the short run.
(2) SAS automatically shifts rightward as the economy adjusts to long-run equilibrium.

• A)(1)is true; (2)is false.
• B)(2)is true; (1)is false.
• C)(1)and (2)are false.
• D)(1)and (2)are true.
• E)(1)is false; (2)is true if the LAS curve shifts rightward at the same time.

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Definitions:

Socio-Emotional Selectivity Theory

The theory that older people prioritize regulation of their own emotions and seek familiar social contacts who reinforce generativity, pride, and joy.

Generativity

A concern for establishing and guiding the next generation, typically observed during middle adulthood.

Regulation

The act of controlling or governing according to rules or laws.

Conflicts

Instances of disagreement or contention, which can occur between individuals, groups, or nations and may have various causes such as competition, differences in values, or resource scarcity.