Beginning from a Position of Long-Run Equilibrium, Suppose There Is

question 17

Multiple Choice

Beginning from a position of long-run equilibrium, suppose there is an increase in the aggregate demand curve. After adjustment and comparing the economy's new long-run equilibrium with its original long-run position, the result would be an increase in:

• A) real GDP.
• B) the price level (CPI).
• C) the unemployment rate.
• D) a and b, but not c.

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Definitions:

Energy Investment

The initial stage in metabolic pathways like glycolysis, where energy is consumed to initiate the process.

Initial Investment

The initial amount of money put into a project, business, or investment.

Anabolic Reaction

A biochemical process that builds molecules from smaller units, typically consuming energy, as part of the body's synthesis of complex molecules.

Polysaccharide

Polysaccharides are long carbohydrate molecules made of monosaccharide units bonded together, serving as energy storage or structural components in living organisms.