-Refer to the Above Diagram

question 5

Multiple Choice

-Refer to the above diagram.The initial aggregate demand curve is AD₁ and the initial aggregate supply curve is AS₁.In the long run,demand-pull inflation is best shown as:

• A) a shift of aggregate demand from AD₁ to AD₂ followed by a shift of aggregate supply from AS₁ to AS₂.
• B) a move from d to b to a.
• C) a shift of aggregate supply from AS₁ to AS₂ followed by a shift of aggregate demand from AD₁ to AD₂.
• D) a move from a to d.

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Definitions:

SWOT Analysis

A strategic planning technique used to help an individual or organization identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Strategic Management

A process that involves formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.

Strategic Management Process

A comprehensive approach to planning and guiding an organization's strategy over the long term.

Compensation

The total of all rewards provided to employees in return for their services, including salary, benefits, bonuses, and other forms of payment.