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

question 132

Multiple Choice

When 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.
• E)the economy likely to experience higher than normal unemployment.

Become familiar with the extended features of PowerPoint, such as the Translator tool, file comments, and the use of templates and themes.

Recognize how to utilize PowerPoint's support tools, like the Thesaurus, for content enhancement.

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Definitions:

Implicit Memory

A type of long-term memory that influences thoughts and behaviors without conscious awareness.

Conscious Level

The degree of awareness an individual has of their environment and their own existence, sensations, and thoughts.

Encoding

The method of transforming data into a format that can be retained in memory.

Retention

The ability to keep or hold information in memory, often discussed in the context of learning effectiveness.