The figure below shows equilibrium in an aggregate demand-aggregate supply model. Which of the following will be true of an economy in the long run that is at point M in the short run?
Definitions:
Feelings of Guilt
Emotional experiences of remorse or responsibility for actions perceived as wrong, typically resulting from violating one's moral standards.
Self-criticism
The act of pointing out one's own perceived flaws or shortcomings, which can be a healthy part of personal growth or detrimental if overly harsh and unforgiving.
Entrepreneurial Mindset
A way of thinking that enables individuals to overcome challenges, identify opportunities, and innovate, characterized by flexibility, creativity, and a willingness to take risks.
Positive Emotion
Feelings that are generally pleasant and uplifting, such as happiness, joy, or gratitude.
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