12.2 Equilibrium in Aggregate Demand and Supply Analysis

question 76

Multiple Choice

12.2 Equilibrium in Aggregate Demand and Supply Analysis
AD - AS Equilibrium
-On the graph above,if output is falling,while the quantity demanded is rising,the economy may be at a point on ________.

• A)the aggregate supply curve above the aggregate demand curve
• B)the aggregate supply curve below the aggregate demand curve
• C)the aggregate demand curve above the aggregate supply curve
• D)the aggregate demand curve below the aggregate supply curve
• E)none of the above

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Definitions:

Percussion

Tapping or striking the body to hear sounds or feel vibration.

Body Sounds

Audible sounds made by the body, often used in medical diagnosis, such as heartbeats, intestinal noises, or breath sounds.

Vibrations

Oscillations or repetitive motions around an equilibrium point, which can occur in physical systems ranging from simple pendulums to complex structures like buildings and machinery.

Range Of Motion

The complete range of motion that a joint can achieve, typically involving both bending and straightening actions.