In the "Classical" Region of the Aggregate Supply Curve

question 2

Multiple Choice

In the "classical" region of the aggregate supply curve,

• A)because there are substantial amounts of unemployed resources,output can be increased without driving up prices.
• B)the economy is at the maximum output level,so only the composition of output can be changed,the quantity of output cannot be increased.
• C)the economy is on the production possibilities frontier.
• D)attempts to expand output will result in increases in both prices and output.
• E)the economy is at the maximum output level,so only the composition of output can be changed,the quantity of output cannot be increased AND the economy is on the production possibilities frontier.

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Advantages or benefits of a product, service, or project that are not easily quantified in monetary terms, such as brand recognition or customer loyalty.

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The responsible interaction with the environment to avoid depletion or degradation of natural resources, ensuring long-term ecological balance.

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The ability to maintain various systems and processes—environmental, social, and economic—in a way that ensures long-term health and viability.