The Figure Given Below Shows the Aggregate Demand Curve and the Short-Run

question 81

Multiple Choice

The figure given below shows the aggregate demand curve and the short-run aggregate supply curve of an economy. In this figure, short-run equilibrium occurs at:

• A) point b, where actual output exceeds potential output.
• B) point a, where actual output exceeds potential output.
• C) point c, where actual price level exceeds the expected price level.
• D) point c, where the actual price level is less than the expected price level.
• E) point b, where the actual price level exceeds the expected price level.

---

Definitions:

Relational

Pertaining to the establishment and maintenance of meaningful relationships between individuals or groups.

Horizontal Communication

The exchange of information between peers within the same level of an organization, facilitating collaboration and team coordination.

Staff

Refers to all the employees of an organization or a specific group within.

Coworkers

Individuals working together in the same organization, sharing responsibilities or projects.