The Reason That It Is Possible for the Economy in the Above

question 145

Multiple Choice

The reason that it is possible for the economy in the above figure to be at equilibrium E₂ rather than at E₁ is that

• A) in the long run there is always less than full employment.
• B) in the short run the economy can produce more than it can in a long-run situation.
• C) AD always shifts rightward and never shifts leftward.
• D) the economy must be in a recession.

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Definitions:

Heat Exhaustion

A condition resulting from exposure to high temperatures, characterized by dehydration, heavy sweating, and fatigue, often progressing to heat stroke if not treated.

Heatstroke

A severe form of hyperthermia resulting from prolonged exposure to high temperatures, causing the body's temperature regulation system to fail.

Profuse Perspiration

The condition of sweating excessively, often unrelated to heat or exercise.

Postmortem

Pertaining to or occurring during the period after death; common term for autopsy.