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The Figure Below Shows Equilibrium in an Aggregate Demand-Aggregate Supply

question 21

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The figure below shows equilibrium in an aggregate demand-aggregate supply model.In this figure,the shift from AS to AS' is likely to occur when:
The figure below shows equilibrium in an aggregate demand-aggregate supply model.In this figure,the shift from AS to AS' is likely to occur when:   A) the actual price level is higher than expected. B) the actual price level is lower than expected. C) the unemployment rate is lower than the natural rate. D) the actual output is more than the potential output. E) the aggregate demand curve intersects the short-run aggregate supply curve at the potential output.


Definitions:

Simple

Easy to understand or do; not complicated.

Skin Traction

A medical treatment method where bandages or other devices are applied to the skin to apply a pulling force on the bones and muscles beneath.

Buck Extension

A type of traction for the lower leg, used in the treatment of fractures of the femur or after hip surgery, to help maintain proper alignment and reduce pain.

Contractures

Permanent shortening of a muscle or joint, often leading to limited range of motion and stiffness.

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