Long-Run Macroeconomic Equilibrium Occurs When

question 240

Multiple Choice

Long-run macroeconomic equilibrium occurs when

• A)aggregate demand equals short-run aggregate supply.
• B)aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run supply curve.
• C)structural and frictional unemployment equals zero.
• D)output is above potential GDP.
• E)there is no pressure on the price level to change.

Recognize the role of social construction in gender roles and identity.

Identify the impacts of gender stratification across various societies.

Analyze the effects of educational and familial environments on gender socialization.

Understand the intersections of gender with race, class, and ethnicity in societal roles and expectations.

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Definitions:

Change

The process of becoming different, which can occur in physical, social, psychological, or environmental realms.

Developmental Period

A phase in the lifespan characterized by specific types of growth or change, such as infancy, childhood, adolescence, and adulthood.

Emerging Adulthood

A new life stage between adolescence and adulthood.

Adolescence

The transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.