Starting from Long-Run Equilibrium, an Increase in Autonomous Investment Results

question 88

Multiple Choice

Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.

• A)higher; higher
• B)higher; potential
• C)lower; potential
• D)lower; higher

---

Definitions:

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Normal

Conforming to a standard; usual, typical, or expected state or condition.

Stereotyped Beliefs

Preconceived notions that are overly simplified and applied to groups or categories of people without acknowledging individual differences.

Psychological Illnesses

Mental health disorders characterized by disturbances in a person's thoughts, emotions, or behavior.