The Economy Is in Long-Run Equilibrium When

question 35

Multiple Choice

The economy is in long-run equilibrium when

• A) aggregate demand intersects short-run aggregate supply.
• B) short-run aggregate supply intersects long-run aggregate supply.
• C) aggregate demand intersects long-run aggregate supply.
• D) aggregate demand intersects both long-run and short-run aggregate supply.
• E) the inflation rate is equal to zero.

---

Definitions:

Generalist Practice

A broad approach to social work that integrates various methods and skills to address client issues at multiple levels of practice.

Cautious

Showing careful forethought to avoid danger or risks; being prudent in actions and decisions.

Involuntary Clients

Involuntary Clients are individuals who receive services or interventions without their consent, often mandated by legal systems, institutions, or agencies.

Intervention Process

The systematic procedure of assessing and responding to an individual's or group's needs through planned actions to facilitate change or improvement.