Where the Aggregate Demand Curve and the Short-Run Aggregate Supply

question 61

Multiple Choice

Where the aggregate demand curve and the short-run aggregate supply curve intersect

• A)the long-run aggregate supply curve must also intersect at the same point.
• B)inflation must be increasing.
• C)structural and frictional unemployment equal zero.
• D)the economy is in short-run macroeconomic equilibrium.

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Definitions:

Cnidocyte

Stinging cell unique to cnidarians.

Polyps

Abnormal growths of tissue projecting from a mucous membrane, commonly found in organs such as the nose or intestines.

Closed Circulatory System

A circulatory system where the blood moves through the body in closed vessels, ensuring efficient transport of nutrients and oxygen to cells and removal of waste products.