Suppose a Recessionary Gap Exists and Resource Prices Are NOT

question 77

Multiple Choice

Suppose a recessionary gap exists and resource prices are NOT flexible downward.What will be the effect on the short-run aggregate supply curve?  

• A) It will shift leftward, to return the economy to its potential output. 
• B) It will shift rightward, to return the economy to its potential output. 
• C) It will remain the same, and the recessionary gap will continue. 
• D) It will become the long-run aggregate supply curve.

Understand methods for resolving conflicts and promoting positive organizational change.

Understand the concept of temperament in children, its stability over time, and its basis.

Identify the influences of nature (genetics) versus nurture (environment) on personality development.

Recognize the impact of home environment on children's attitudes and behaviors distinct from their temperaments.

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Definitions:

Genes

Segments of DNA located on chromosomes that contain the instructions for the development, functioning, and reproduction of organisms.

Proteins

Large, complex molecules that play many critical roles in the body, including in the structure, function, and regulation of tissues and organs.

Human Tendency

Refers to common patterns or inclinations in behavior, thought, or emotion that are typical among humans, often influenced by biological, psychological, and social factors.

Maturation

The process of becoming mature, involving growth and development in biological, emotional, or intellectual aspects.