Suppose the Economy Is in Long-Run Equilibrium

question 140

Multiple Choice

Suppose the economy is in long-run equilibrium.If there is a sharp decline in the stock market combined with a significant increase in immigration of skilled workers,what would we expect to happen in the short run?

• A) Real GDP will rise,and the price level might rise,fall,or stay the same.
• B) Real GDP will fall,and the price level might rise,fall,or stay the same.
• C) The price level will rise,and real GDP might rise,fall,or stay the same.
• D) The price level will fall,and real GDP might rise,fall,or stay the same.

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Definitions:

Cooperative School Participation

The involvement of students in academic and extracurricular activities in a manner that emphasizes teamwork and collective responsibility.

Avoidance And Resistance

Behavioral responses where an individual either avoids a situation, stimulus, or interaction (avoidance) or actively resists or opposes it (resistance).

Academic Problems

Challenges or difficulties experienced in an educational setting, impacting learning or performance.

School Engagement

The involvement and emotional commitment of a student to their educational institution and learning process.