Beginning from a Position of Long-Run Equilibrium at the Full-Employment

question 5

Multiple Choice

Beginning from a position of long-run equilibrium at the full-employment level of real GDP, the economy's short-run response to an increase in the aggregate demand curve would be:

• A) a movement upward along the short-run aggregate supply curve.
• B) a movement upward along the long-run aggregate supply curve.
• C) a downward shift in the short-run aggregate supply curve.
• D) a shift in both the aggregate demand curve and the short-run aggregate supply curve with a movement along the long-run aggregate supply curve.
• E) no change, since the economy is already in equilibrium.

---

Definitions:

Biofeedback

A technique that trains individuals to improve their health by controlling certain bodily processes that normally happen involuntarily, like heart rate or blood pressure.

Involuntary Bodily Functions

Involuntary Bodily Functions are processes within the body that occur without conscious control, such as breathing, heartbeat, and digestion.

Labor and Delivery

The process in which childbirth occurs, starting with contractions of the uterus and ending with the delivery of the baby and placenta.

Nurse Midwife

A professional RN who has had extensive training and experience in labor and delivery.