(Figure: Understanding Aggregate Graphs) If an Economy Is Currently

question 16

Multiple Choice

(Figure: Understanding Aggregate Graphs) If an economy is currently at point a, this figure depicts the economy in

• A) long-run equilibrium only.
• B) short-run equilibrium only.
• C) both short-run and long-run equilibrium.
• D) neither short-run nor long-run equilibrium.

---

Definitions:

Plastic

A synthetic material made from polymers, often used for a variety of manufactured products; in psychology, refers to the brain's ability to adapt and change.

Environmental Conditions

The external factors and influences that affect the living organisms and their survival.

Biological Son

A male child related by direct genetic lineage to his parents, specifically sharing DNA with his biological mother and father.

Genes

Units of heredity made up of DNA, acting as instructions to make molecules called proteins.