Which of the Following Is True in the Long Run

question 74

Multiple Choice

Which of the following is true in the long run?

• A)unemployment is above its natural state
• B)unemployment is below its natural rate
• C)LRAS and SRAS lie on the same line
• D)real GDP = potential GDP

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Definitions:

Big Five

A model describing human personality traits in five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Extraverted

A personality trait typified by an outgoing, sociable, and energetic disposition, often seeking stimulation and company.

Alcohol Problem

A condition where the consumption of alcohol causes harm to an individual's health, interpersonal relationships, or ability to work.

Correlate

To share a two-way relationship or bond, whereby one element impacts or relies on the other.