The Figure Given Below Represents the Long-Run Equilibrium in the Aggregate

question 74

Multiple Choice

The figure given below represents the long-run equilibrium in the aggregate demand and aggregate supply model.
Figure 8.2

-Refer to Figure 8.2. The combination of rising prices and falling output is known as stagflation. This phenomenon is represented by which of the following shifts?

• A) \(L R A S_{2} \text { to } L R A S_{1}\)
• B)\(A D _ { 1 } \text { to } A D _ { 2 }\)
• C)\(A D _ { 2 } \text { to } A D _ { 1 }\)
• D) \(L R A S _ { 1 } \text { to } L R A S _ { 2 }\)
• E) The combination oftoand to

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Definitions:

Biological Markers

Indicators or measurable substances in the body that can signify health conditions, genetic predispositions, or disease states.

Genetic Variation

The diversity in gene frequencies within a species, which contributes to differences among individuals, including susceptibility to diseases, and physical and psychological characteristics.

Classificatory Schemes

Systems or methods used for organizing, categorizing, or grouping entities based on certain criteria or characteristics.

Physical Differences

Variations in bodily attributes among individuals or groups, often incorrectly used as a basis for discriminatory practices.