If Potential Output Exceeds Actual Output, ________ Shifts Downward Over

question 17

Multiple Choice

If potential output exceeds actual output, ________ shifts downward over time.

• A) the short-run AS curve
• B) the short-run AD curve
• C) the long-run AS curve
• D) the long-run AD curve

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Definitions:

Economic Success

The achievement of financial prosperity, stability, and growth by an individual, organization, or country.

American Immigrants

Individuals who have moved to the United States from other countries to live permanently.

Symbolic Ethnicity

The expression of one's ethnicity in symbolic ways, such as through food, festivals, or clothing, without fully engaging in the ethnic group's cultural practices.

South Asian Comedian

A comedian originating from or associated with South Asia, often drawing upon cultural experiences or heritage in their comedy.