Which of the Following Phrases Best Explains the Slope of the Long-Run

question 58

Multiple Choice

Which of the following phrases best explains the slope of the long-run aggregate supply curve?

• A)actual prices equal expected prices.
• B)expected prices are higher than actual prices.
• C)output prices increase faster than input prices.
• D)None of the above is correct.

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Definitions:

Increased Preload

A condition in which there is an elevated volume of blood in the ventricles at the end of diastole, before the heart contracts.

Decreased Contractility

A reduction in the strength or ability of a muscle, particularly the heart muscle, to contract, which can affect overall muscle function.

Respiratory Alkalosis

A condition characterized by a decrease in arterial blood carbon dioxide levels, leading to an increase in pH and resulting in alkalosis.

Pulmonary Embolism

A condition where one or more arteries in the lungs become blocked by a blood clot, often leading to shortness of breath, chest pain, and sometimes death if not treated promptly.