The Stock Market Boom of 2010

question 112

Multiple Choice

The Stock Market Boom of 2010
Imagine that in 2010 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time.
-Refer to Stock Market Boom 2010.In the long run,the change in price expectations created by the stock market boom shifts

• A)long-run aggregate supply right.
• B)long-run aggregate supply left.
• C)short-run aggregate supply right.
• D)short-run aggregate supply left.

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Definitions:

Activity Theory

A theory that suggests aging adults remain more satisfied when they are engaged in activities that maintain their social interactions and personal development.

Participatory

Involving or allowing participation or involvement from all members or parts of a group or community.

Satisfied

The feeling of contentment or fulfillment that arises when needs, desires, or expectations are effectively met.

Socioemotional Selectivity Theory

A theory suggesting that as people age, they prioritize emotionally meaningful goals and relationships over acquiring new information or meeting new people.