Stagflation Can Result from

question 94

Multiple Choice

Stagflation can result from

• A)a leftward shift of the demand curve.
• B)a rightward shift of the demand curve.
• C)a leftward shift of the short-run aggregate supply curve.
• D)a rightward shift of the short-run aggregate supply curve.
• E)a rightward shift of the long-run aggregate supply curve.

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Definitions:

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water, producing oxygen as a byproduct.

RuBP Carboxylase

An enzyme that catalyzes the first major step of carbon fixation in the process of photosynthesis, converting ribulose bisphosphate (RuBP) and carbon dioxide into two molecules of 3-phosphoglycerate.

Photorespiration

A process in plant metabolism where the enzyme RuBisCO oxygenates RuBP, leading to a decrease in photosynthetic efficiency and carbon fixation.

Stomata

Small openings found on the underside of plant leaves that enable gas exchange and transpiration.