Short-Run Macroeconomic Equilibrium Has NOT Occurred If

question 190

Multiple Choice

Short-run macroeconomic equilibrium has NOT occurred if

• A) inflation rates are low.
• B) the short-run aggregate supply and aggregate demand curves intersect.
• C) the short-run aggregate supply quantity exceeds the aggregate demand quantity.
• D) inflation rates are high.

---

Definitions:

Habituation

The process by which an individual becomes accustomed to a stimulus through repeated exposure, leading to a decrease in response.

Stimulus

Anything in the environment that is perceptible and can elicit a physiological or psychological response.

Sensitive

Exhibiting a high degree of awareness to external stimuli or the needs and feelings of others; easily influenced or affected.

Prenatal Sex Hormones

Hormones present before birth that play crucial roles in the development of sexual characteristics and reproductive systems.