Since the End of World War II, the U

question 175

Multiple Choice

Since the end of World War II, the U.S. has almost always had rising prices and an upward trend in real GDP. To explain this

• A) it is only necessary that long-run aggregate supply shifts right over time.
• B) it is only necessary that aggregate demand shifts right over time.
• C) both aggregate demand and long-run aggregate supply must be shifting right and aggregate demand must shift farther.
• D) None of the above cases would produce rising prices and growing real GDP over time.

---

Definitions:

Eyeballs

The globular organs in the skull through which vision is perceived; also known as the eyes.

Skull

The bony structure forming the head, protecting the brain and supporting the structures of the face.

Sensory Impulses

Electrical messages that are transmitted along sensory neurons, carrying information from sensory receptors to the central nervous system.

Optic Nerve

A paired nerve that transmits visual information from the retina to the brain.