The AD-AS Model in the Diagram Above Shows That at the Initial

question 91

Multiple Choice

The AD-AS model in the diagram above shows that at the initial short-run equilibrium point A,the economy is experiencing ___________ gap.Other factors remaining the same,the self-correcting mechanism of the economy will result in ___________ prices and ___________ output until the economy eventually moves the point at B,thus eliminating the output gap.

• A) a recessionary;falling;falling
• B) an expansionary;rising;falling
• C) a recessionary;rising;rising
• D) an expansionary;falling;rising
• E) an expansionary;falling;falling

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Definitions:

Rewarding Employees

The process of providing incentives or benefits to employees as recognition for their contributions, achievements, or performance.

Authentic Leadership

A leadership style where the leader is genuine, transparent, and ethical, and encourages trust by being consistent and real.

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A leadership style characterized by minimal supervision, where leaders give group members a high degree of freedom in their work.