The figure given below depicts long run equilibrium in an aggregate demand-aggregate supply model.Which of the following is indicated by the arrow given in this figure?
Figure 10.8
Definitions:
Aerobic Respiration
A metabolic process involving oxygen in the breakdown of glucose or other nutrients to produce energy (ATP), carbon dioxide, and water, taking place in the mitochondria of cells.
Photosynthesis
The process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water, producing oxygen as a byproduct.
Carbon Dioxide
An invisible, scentless gas that is a product of combusting carbon-based substances and breathing processes, which is utilized by plants during the photosynthesis.
Glycolysis
The metabolic pathway that converts glucose into pyruvate, releasing energy and pyruvic acid as end products.
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