In the Short Run,when Output Is Greater Than Planned Aggregate

question 138

Multiple Choice

In the short run,when output is greater than planned aggregate expenditure,

• A) potential output is greater than GDP.
• B) potential output is less than GDP.
• C) potential output equals GDP.
• D) planned private-sector investment is greater than actual private-sector investment.
• E) planned private-sector investment is less than actual private-sector investment.

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Definitions:

Transmembranous Receptor

Proteins spanning across the membrane of cells that receive chemical signals from outside the cell and initiate a response within the cell.

Odorant

A substance that is capable of producing a smell, often detected by the olfactory system.

Olfactory Neurons

Specialized nerve cells responsible for the sense of smell, located in the nasal cavity.

Olfactory Epithelial

A specialized epithelial tissue in the nasal cavity responsible for detecting odors, containing olfactory receptor neurons that send signals to the brain.