For the Purpose of Aggregate Supply Analysis,the Long Run Is

question 168

Multiple Choice

For the purpose of aggregate supply analysis,the long run is the period of time during which

• A)aggregate supply adjusts to equal aggregate demand
• B)excess aggregate supply is bought
• C)excess aggregate demand is fulfilled
• D)real wages are constant
• E)all resource prices can be varied

---

Definitions:

Sticks Up

The act of defending or standing up for someone or something, often in the face of criticism or opposition.

Hammered Down

A colloquial expression meaning to solidify, confirm, or enforce something with emphasis or authority.

Drive For Mastery

The innate or acquired desire to improve one's skills, knowledge, or competence in a particular area.

Physical Attractiveness

The degree to which a person's physical features are considered aesthetically pleasing or beautiful.