-In the Above Figure, B Is the Current Long-Run Aggregate

question 61

Multiple Choice

-In the above figure, B is the current long-run aggregate supply curve and E is the current short-run aggregate supply curve. If there is an increase in the full-employment quantity of labor, then the long-run aggregate supply curve and the short-run aggregate supply curve

• A) remain B and E.
• B) shift to A and D, respectively.
• C) shift to C and F, respectively.
• D) remain at B and shift at F, respectively.

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Definitions:

Short-Term Memory

A cognitive system with a limited capacity that is capable of temporarily holding information available for processing.

Encoding

The initial process of transforming sensory input into a form or format that can be stored in memory.

Rehearsing

The act of practicing or repeating information to aid in memory retention.

Long-Term Potentiation

A long-lasting increase in the strength of synaptic responsiveness, thought to be a biological mechanism of long-term memory.