In the Long Run in the AD/AS Macro Model We

question 136

Multiple Choice

In the long run in the AD/AS macro model we can say that

• A)both real GDP and the price level are determined by aggregate demand.
• B)both real GDP and the price level are determined by Y*.
• C)long-run real GDP is determined by Y* and the long-run price level by the AD curve.
• D)real GDP is determined by aggregate demand and the price level by Y*.
• E)long-run real GDP is determined by aggregate demand and the price level is determined solely by the AS curve.

---

Definitions:

Rehabilitation Movement

A social and legal initiative aimed at reforming offenders through therapy, education, and support in order to reduce recidivism and integrate them back into society.

Stereotyped

Having oversimplified, fixed ideas or images of particular groups of people or things, often not based on personal experience and leading to prejudiced attitudes or actions.

Popular Media

Forms of mass communication that reach a wide audience, including television, radio, newspapers, and the internet.

Body Project

Pertains to the efforts individuals make to modify their physical appearance through diet, exercise, fashion, or even surgery.