Falling Output in the Short Run Could Be Due To

question 85

Multiple Choice

Falling output in the short run could be due to:

• A) a reduction in aggregate demand.
• B) an increase in short-run aggregate supply.
• C) an increase in long-run aggregate supply.
• D) an increase in aggregate demand.

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Definitions:

Full Potential

The highest or greatest level of performance, achievement, or utilization that an individual or entity is capable of reaching, often requiring the development of skills, talents, and abilities.

Self-Actualization

The realization or fulfilment of one's talents and potentialities, often considered as the drive to realize personal potential and self-fulfilment.

Unconditional Positive Regard

An attitude of acceptance and support towards another, regardless of what the person says or does.

Genuineness

The quality of being authentic and sincere in one's interactions, oftentimes considered an important trait in therapeutic contexts.