If Full-Employment GDP Is Equal to $4

question 48

Multiple Choice

If full-employment GDP is equal to $4.2 trillion,what does the long-run aggregate supply curve look like?

• A)It is a horizontal line at $4.2 trillion of GDP.
• B)It is a vertical line at a level of GDP below $4.2 trillion.
• C)It is a vertical line at $4.2 trillion of GDP.
• D)It is a vertical line at a level of GDP above $4.2 trillion.

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Definitions:

Connectivity

The state or extent of being connected or interconnected, especially referring to computers, networks, or communication systems.

Particular Platform

A specific digital or physical space designed for the delivery and exchange of media, information, or services.

Increase

A rise in quantity, size, number, value, or some other measure, indicating growth or expansion in various contexts.

Limited Effects Theory

A communication theory suggesting that media's influence on people's attitudes and behavior is small and limited by individual differences, social categories, and personal relationships.