For the Following Question(s),assume That the Economy Is in Long-Run

question 61

Multiple Choice

For the following question(s) ,assume that the economy is in long-run equilibrium in the aggregate demand/aggregate supply model and that some sort of event takes place.In each case,mark the most likely impact of the event on the aggregate demand/aggregate supply diagram given below.
Figure 10-19

-Refer to Figure 10-19.Good weather allows agricultural output to double.

• A)The aggregate demand curve would shift to the right.
• B)The aggregate demand curve would shift to the left.
• C)The short-run aggregate supply curve would shift to the right.
• D)The short-run aggregate supply curve would shift to the left.

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Definitions:

Synovial Membrane

A soft tissue lining the space inside synovial joints, producing synovial fluid to lubricate and nourish the cartilage and bones in the joint cavity.

Fibrous Capsule

A dense connective tissue layer that encloses certain organs, providing support and protection.

Double Layer

A concept referring to structures with two layers, often used in the context of biological membranes which consist of two layers of phospholipids.

Periosteum

The dense layer of connective tissue enveloping bones except at the surfaces of the joints.