In the Long Run,a Change in the Money Supply Does

question 35

Multiple Choice

In the long run,a change in the money supply does not affect the natural rate of unemployment because:

• A)the aggregate demand curve is vertical.
• B)the aggregate demand curve is downward sloping.
• C)the long-run aggregate supply curve is vertical.
• D)the long-run aggregate supply curve is upward sloping.
• E)the long-run aggregate supply curve is horizontal.

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Definitions:

Intellectual Disability

A situation marked by considerable deficits in both cognitive capabilities and adaptive actions, including a spectrum of daily life social and practical proficiencies.

Adaptive Abilities

The capability of individuals or species to adjust or change in response to new or altered environmental conditions.

Profound

Having deep insight or understanding; extremely meaningful or significant.

Moderate

Refers to being within reasonable limits; not excessive or extreme.