Suppose the U

question 88

Multiple Choice

Suppose the U.S. economy is operating at potential output. A negative supply shock that is accommodated by an open market purchase by the Federal Reserve will cause ________ in real GDP in the long run and ________ in inflation in the long run,everything else held constant.

• A)no change;an increase
• B)no change;a decrease
• C)an increase;an increase
• D)a decrease;a decrease

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Definitions:

Synaptic Connections

Synaptic connections are the points at which neurons communicate with each other through neurotransmitters, playing a crucial role in the processing and transmission of neural information.

Neural Networks

Computational models designed to simulate the behavior of human brain networks, used in machine learning and artificial intelligence.

Glial Cells

Specialized cells in the nervous system that support, protect, and nourish neurons, playing a crucial role in maintaining homeostasis in the brain.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, responsible for transmitting information to and from the central nervous system.