Real GDP Will Increase Over the Long Run If

question 179

Multiple Choice

Real GDP will increase over the long run if

• A) prices continually go up.
• B) the long-run aggregate supply curve shifts continually to the right.
• C) the long-run aggregate supply curve shifts continually to the left.
• D) the long-run aggregate demand curve shifts continually to the left.

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Definitions:

Eukaryotes

Organisms whose cells contain a nucleus and other organelles enclosed within membranes, contrasting with prokaryotes, which lack a membrane-bound nucleus.

Protists

A diverse group of eukaryotic microorganisms, which are not plants, animals, or fungi, ranging from amoebas to algae, and can be either single-celled or multicellular.

Simplest

Referring to the most basic or least complicated form, condition, or version.

Red Algae

Aquatic plants belonging to the phylum Rhodophyta, known for their reddish coloration due to phycoerythrin pigments.