In the Long Run

question 85

Multiple Choice

In the long run

• A)GDP = potential GDP.
• B)unemployment is below its natural rate.
• C)LRAS and SRAS lie on the same line.
• D)unemployment is above its natural rate.

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Definitions:

Base Pair Substitutions

Mutations that occur when one nucleotide base pair is replaced by another pair, which can lead to changes in the protein produced.

Phylogeny

The evolutionary history and relationships among individuals or groups of organisms, illustrating how species have diverged and evolved from common ancestors.

Phylogenetic Species Concept

A concept in taxonomy that defines species based on their evolutionary history, identifying groups by unique genetic markers or traits.

Monophyletic Group

A group of organisms that consists of a common ancestor and all its descendants, also known as a clade.