Use the Figure Below to Answer the Following Questions

question 95

Multiple Choice

Use the figure below to answer the following questions.

Figure 26.3.2
-Refer to Figure 26.3.2. Consider statements (1) and (2) and select the correct answer. (1) The economy of Mythlo is experiencing an above full-employment equilibrium.
(2) SAS will automatically shift rightward as the economy adjusts to long-run equilibrium.

• A)(1)is true; (2)is false.
• B)(2)is true; (1)is false.
• C)(1)and (2)are false.
• D)(1)and (2)are true.
• E)(1)is true; (2)is true only if the LAS curve shifts rightward at the same time.

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Definitions:

Upper Bound

In mathematics, the upper limit of a set of values. It is the largest value that would not be exceeded by any element of the set.

Standard Evolutionary

Approaches or algorithms inspired by biological evolution to solve optimization problems through mechanisms such as selection, mutation, and reproduction.

Sensitivity Information

Pertains to data or information whose exposure or unauthorized access might result in adverse consequences, requiring protected handling due to its critical nature.

Integer Models

Mathematical models that express relationships or problems using integers, often used in optimization to find the best solution within constraints.