An Expansionary Gap Is Closed in the Long Run by A(n)

question 114

Multiple Choice

An expansionary gap is closed in the long run by a(n) :

• A)rightward shift of the short-run aggregate supply curve.
• B)leftward shift of the short-run aggregate supply curve.
• C)movement to the right along a fixed short-run aggregate supply curve.
• D)increase in aggregate demand.
• E)decrease in aggregate demand.

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Definitions:

Cerebrum

The largest part of the human brain, responsible for cognitive functions such as thinking, language, and emotion.

Hypothalamus

A region of the brain that plays a critical role in the regulation of many bodily functions, including temperature control, hunger, thirst, and emotional activity.

Crawling

The act of moving forward on hands and knees or by dragging the body close to the ground, typically a developmental milestone in infants.

Creeping

The slow, gradual movement or development of something, often unnoticed until it has become significant.