In the Long-Run Persistent Increases in Aggregate Demand Will

question 72

Multiple Choice

In the long-run persistent increases in aggregate demand will:

• A)result in stagflation
• B)eliminate structural unemployment
• C)result in inflation with no changes in real GDP
• D)result in shifts of the long-run aggregate supply curve to the right

---

Definitions:

Queuing System

A model used to analyze the behavior of queues or waiting lines, focusing on predicting wait times and improving service efficiency in various service or production settings.

Finite Population

A population that contains a finite or countable number of elements or observations, where the population size is known.

Average Service Time

This metric represents the mean time required to serve a customer or complete a process, useful in evaluating the efficiency of service operations.