Graphically Long-Run Equilibrium Occurs at the Intersection of the Aggregate

question 69

Multiple Choice

Graphically long-run equilibrium occurs at the intersection of the aggregate demand curve and the:

• A)expenditure line.
• B)short-run aggregate supply line.
• C)long-run aggregate supply line.
• D)short-run aggregate supply line and the long-run aggregate supply line.

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Definitions:

Foliation

Foliation is the repetitive layering in metamorphic rocks, caused by the reorientation of minerals under high pressure and temperature conditions.

Cross Section

A diagram representing the geology as a two-dimensional slice through the land. See also geologic cross section.

Cleaved Rocks

Rocks that have been split or sliced along very smooth, flat surfaces, often due to intense pressure.

Unconformity

A boundary between underlying and overlying rock strata representing a significant break or gap in the geologic record; an unconformity represents an interval of nondeposition or erosion, commonly accompanied by uplift.