If Aggregate Demand Shifts Inward Over a Long Period of Time

question 73

Multiple Choice

If aggregate demand shifts inward over a long period of time, with aggregate supply held constant, the economy should experience

• A)unemployment.
• B)recession.
• C)stagflation.
• D)inflation.
• E)budget surpluses.

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Definitions:

Fertilization

The process in sexual reproduction where a sperm cell merges with an egg cell, forming a zygote that can develop into a new organism.

Egg Cell

The female gamete or reproductive cell involved in sexual reproduction, which when fertilized by a sperm, develops into a new organism.

Sperm Cell

A cell produced by the male reproductive system for the purpose of fertilization, carrying half of the genetic information required to form a new organism.

Behavior Genetics

The field of study that examines the role of genetic and environmental factors in shaping behaviors.