The Long-Run Aggregate Supply Curve Is

question 22

Multiple Choice

The long-run aggregate supply curve is

• A) upward-sloping and becomes steeper at output levels above the full-employment output.
• B) upward-sloping and becomes flatter at output levels above the full-employment output.
• C) horizontal.
• D) vertical.

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Definitions:

P Orbitals

Atomic orbitals described by quantum mechanics having a dumbbell shape and oriented along the x, y, and z axes, involved in forming pi bonds.

Relative Energies

Comparative measure of the energy levels of molecules in different states or configurations.

π Molecular Orbitals

Orbitals formed by the overlap of p-orbitals across adjacent atoms, involved in pi bonding, crucial for the understanding of conjugated systems.

Occupied π Molecular Orbitals

π molecular orbitals that contain electrons; they are involved in bonding between atoms and are crucial for understanding the reactivity of molecules.