Increases in Potential Output Shift

question 80

Multiple Choice

Increases in potential output shift:

• A) the long-run aggregate supply curve.
• B) the short-run aggregate supply curve.
• C) both the long-run aggregate supply curve and the short-run aggregate supply curve.
• D) the long-run aggregate supply curve, the short-run aggregate supply curve, and the dynamic aggregate demand curve.

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Definitions:

Empathy

The capacity to comprehend and empathize with someone else's emotions.

Bad-News Message

Communication that conveys negative or unfavorable information in a tactful and considerate manner.

Service Failure

A situation where a service does not meet the customer's expectations, leading to dissatisfaction.

Follow-Up

An action taken to ensure a previous communication has been understood, or to check the progress of an activity.